Bayview Legacy, LLC 4

4 · Arteris, Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

Arteris (AIP) 10% Owner Bayview Legacy Sells 40,000 Shares

What Happened

Bayview Legacy, LLC (a reported 10% owner of Arteris, Inc.) sold a total of 40,000 Arteris shares in two open‑market transactions: 7,012 shares on 2026‑03‑25 at a weighted average price of $18.03 (proceeds $126,433) and 32,988 shares on 2026‑03‑26 at a weighted average price of $18.35 (proceeds $605,191). Total proceeds were about $731,624. These were sales (not purchases), which are often routine dispositions rather than a direct signal of company prospects.

Key Details

Transaction dates: 2026‑03‑25 (7,012 shares @ $18.03) and 2026‑03‑26 (32,988 shares @ $18.35).
Total shares sold: 40,000; total reported proceeds: ~$731,624.
Filing date: Form 4 filed 2026‑03‑27 for report period beginning 2026‑03‑25 — appears timely (reported within two business days).
Shares owned after the transactions: Not specified in the summary data provided on this filing.
Footnotes of note:
- F1: Sales were made pursuant to a 10b5‑1 trading plan adopted March 5, 2025 (prearranged sales).
- F3/F5: Reported prices are weighted averages; shares were sold in multiple trades at prices within stated ranges (3/25 sale: $18.00–$18.08; 3/26 sale: $18.00–$18.70). The filer can supply per‑trade price details on request.
- F2/F4: K. Charles Janac is the manager of Bayview Legacy, LLC, is deemed to control the LLC’s voting/dispositive power, and has separately filed a Form 4 reporting the same transactions based on that control.

Context

Because these sales were executed under a previously adopted 10b5‑1 plan, they were likely prearranged and automated, which is common for controlled investors and does not necessarily reflect new information about the company. As a 10% owner (an institutional/large holder), Bayview Legacy is not an operating executive; filings note the manager (K. Charles Janac) filed separately to reflect his control.

Form 4

Period: 2026-03-25

10% Owner

Transactions

Sale
Common Stock
[F1][F2][F3][F4]
2026-03-25$18.03/sh−7,012$126,433→ 9,222,059 total(indirect: See Footnote)
Sale
Common Stock
[F1][F2][F5][F4]
2026-03-26$18.35/sh−32,988$605,191→ 9,189,071 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 $18.00 to $18.08 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 $18.00 to $18.70 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.

Signature

K. Charles Janac|2026-03-27

1 file