Bayview Legacy, LLC 4

What Happened
Bayview Legacy, LLC (a reported 10% owner) sold a total of 50,000 Arteris, Inc. (AIP) shares in open-market transactions: 41,000 shares on 2026-03-09 for a weighted average price of $14.21 (proceeds $582,626) and 9,000 shares on 2026-03-10 for a weighted average price of $14.66 (proceeds $131,967), totaling about $714,593. These were sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-03-09: 41,000 shares, weighted avg $14.21 (reported per-footnote range $14.00–$14.63).
  • 2026-03-10: 9,000 shares, weighted avg $14.66 (reported per-footnote range $14.35–$14.90).
• Total shares sold: 50,000; total proceeds: ~$714,593.
• Filing: Form 4 filed 2026-03-11 (timely relative to the reported dates).
• Notable footnotes:
  • Sales executed under a 10b5-1 trading plan adopted March 5, 2025 (Footnote F1).
  • K. Charles Janac, manager of Bayview Legacy, is deemed to have voting and dispositive power and separately filed a Form 4 reporting the same transactions (F2, F4).
  • Footnotes F3 and F5 state the reported prices are weighted averages and provide the ranges; the filer will provide per-transaction prices on request.

Context
This filing reflects sales by a 10% owner via a pre-established 10b5-1 plan, which typically schedules trades and can reduce the information value of the sale as an indicator of current insider sentiment. For retail investors, purchases are generally more informative than routine sales; these transactions do not by themselves indicate company performance or insider views.