Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Bayview Legacy Sells 50,000 Shares
What Happened
Bayview Legacy, LLC — a reported 10% owner of Arteris, Inc. (AIP) — sold a total of 50,000 Arteris shares in open‑market transactions on February 9–10, 2026. The larger sale on Feb 9 was 47,244 shares at a weighted average price of $15.21 for proceeds of $718,359 (individual trade prices ranged $14.51–$15.46). The Feb 10 sale was 2,756 shares at a weighted average $15.03 for $41,429 (prices ranged $14.85–$15.22). Total proceeds across both days were about $759,788. These were outright sales (not purchases).
Key Details
- Transaction dates: 2026-02-09 (47,244 shares) and 2026-02-10 (2,756 shares).
- Weighted average prices and ranges: Feb 9 avg $15.21 (range $14.51–$15.46); Feb 10 avg $15.03 (range $14.85–$15.22).
- Total proceeds: ~$759,788.
- Shares owned after transaction: not stated in the provided filing excerpt.
- Notable footnotes: trades executed under a 10b5‑1 trading plan adopted March 5, 2025; manager K. Charles Janac is deemed to have voting and dispositive power and has separately filed a Form 4 reporting the same transactions; reporting person can provide full breakdown of shares sold at each price on request.
- Filing timeliness: Form was filed Feb 11, 2026 — within the typical two‑business‑day Form 4 filing window for Feb 9–10 trades (i.e., appears timely).
Context
This filing reports institutional sales by a 10% owner managed by K. Charles Janac and reflects planned, rule‑based selling under a 10b5‑1 plan. Sales by large shareholders are routine disclosures and do not by themselves indicate the company’s prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3][F4]2026-02-09$15.21/sh−47,244$718,359→ 9,351,827 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F5][F4]2026-02-10$15.03/sh−2,756$41,429→ 9,349,071 total(indirect: See Footnote)
Footnotes (5)
- [F1]Transaction made pursuant to a 10b5-1 trading plan that was adopted by K. Charles Janac, as the manager of Bayview Legacy, LLC, on March 5, 2025.
- [F2]K. Charles Janac, in his individual capacity, has separately filed a Form 4 on the date hereof reporting the same transaction given his beneficial ownership of the reported security through Bayview Legacy, LLC, which he controls as its manager.
- [F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.51 to $15.46 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]K. Charles Janac is the manager of Bayview Legacy, LLC and as such is deemed to have voting and dispositive power over the shares beneficially owned by Bayview Legacy, LLC.
- [F5]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.85 to $15.22 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.