Arteris, Inc.·4

Feb 11, 8:05 PM ET

Bayview Legacy, LLC 4

Research Summary

AI-generated summary

Updated

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.