Bayview Legacy, LLC 4

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.