Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Bayview Legacy LLC Sells 70,000 Shares
What Happened
- Bayview Legacy, LLC (a reported 10% owner of Arteris, managed by K. Charles Janac) sold 70,000 shares of Arteris, Inc. on 2026-04-08. The reported weighted-average sale price was $19.04, for total proceeds of approximately $1,332,786. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-04-08 (Form filed 2026-04-09).
- Price: weighted average $19.04; individual sale prices ranged from $18.67 to $19.43. The filer can provide a per-trade breakdown on request (see footnote).
- Shares sold: 70,000; Total proceeds: ~$1,332,786.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnotes: transaction executed under a 10b5‑1 trading plan adopted by K. Charles Janac on March 5, 2025; K. Charles Janac, as manager of Bayview Legacy, separately filed a Form 4 reporting the same sale; Janac is deemed to have voting and dispositive power over the LLC’s shares.
- Filing timeliness: appears timely (transaction 4/8/2026; Form filed 4/9/2026).
Context
- This is an institutional insider sale by a 10% owner acting through an LLC and a pre-established 10b5‑1 plan, which is a common mechanism to systematically sell shares and can reduce concerns about timing decisions. Sales are routine and don’t by themselves indicate company performance or insider sentiment.
Insider Transaction Report
Form 4
Bayview Legacy, LLC
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3][F4]2026-04-08$19.04/sh−70,000$1,332,786→ 9,119,071 total(indirect: See Footnote)
Footnotes (4)
- [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]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.
- [F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.67 to $19.43 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.
Signature
/s/ K. Charles Janac|2026-04-09