Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Bayview Legacy Gifts 70,000 Shares
What Happened
Bayview Legacy, LLC (a reported 10% owner of Arteris, Inc. (AIP)) gifted 70,000 shares of Arteris stock on 2026-02-20. The transaction is reported as a gift (code G) with a reported price of $0.00 and total proceeds of $0. The filing notes that K. Charles Janac is the manager of Bayview Legacy, LLC and has separately filed a Form 4 reporting the same transaction due to his beneficial ownership through the LLC.
Key Details
- Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-23).
- Transaction type/code: Gift (G). Price reported: $0.00; proceeds $0.
- Shares transferred: 70,000 shares disposed.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: K. Charles Janac separately filed a Form 4 reporting the same transaction because he beneficially owns the securities through Bayview Legacy, LLC.
- F2: Janac is the manager of Bayview Legacy and is deemed to have voting and dispositive power over the LLC’s shares.
- Filing timeliness: Form 4 was filed three days after the transaction date (filed 2026-02-23 for a 2026-02-20 transfer); the filing does not indicate lateness.
Context
Gifts are transfers that report no sale proceeds and do not necessarily indicate the giver’s view of the company’s prospects. This filing involves a 10% owner entity (Bayview Legacy, LLC) controlled by K. Charles Janac, so it reflects an institutional/insider-affiliated transfer through an entity rather than an open-market sale by an executive.
Insider Transaction Report
- Gift
Common Stock
[F1][F2]2026-02-20−70,000→ 9,279,071 total(indirect: See Footnote)
Footnotes (2)
- [F1]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.
- [F2]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.