Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Bayview Legacy Sells 70,000 Shares
What Happened
Bayview Legacy, LLC — a reported 10% owner of Arteris, Inc. (AIP) — sold 70,000 shares in an open-market/private sale on May 8, 2026. The sale generated approximately $2,183,986. The filing reports a weighted average sale price of $31.20; individual trades ranged from $29.19 to $32.07.
Key Details
- Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-12) — filing appears timely.
- Transaction type: Sale (S); total shares sold: 70,000; weighted avg price: $31.20; total proceeds ≈ $2,183,986.
- Price range: shares were sold in multiple transactions at prices between $29.19 and $32.07 (inclusive).
- Shares owned after the transaction: Not stated in this filing.
- Notable footnotes: (F1) Sale was made pursuant to a 10b5-1 trading plan adopted March 5, 2025; (F2) K. Charles Janac (manager of Bayview Legacy) filed a separate Form 4 reporting the same transaction; (F4) Janac, as manager, is deemed to have voting and dispositive power over these shares. (F3) The $31.20 is a weighted average; detailed per-price breakdown available on request.
Context
This sale was executed by a 10% owner via a pre-established 10b5-1 plan, which often indicates a pre-planned disposition rather than a spontaneous trade. For retail investors, purchases by insiders can be more informative about confidence in the company; routine sales by large holders or under trading plans are common and do not by themselves indicate a change in company prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3][F4]2026-05-08$31.20/sh−70,000$2,183,986→ 9,049,071 total(indirect: See Footnote)
Footnotes (4)
- [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 $29.19 to $32.07 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.