Bayview Legacy, LLC 4

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.