Bayview Legacy, LLC 4

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.