Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed Jun 10, 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) sold a total of 70,000 Arteris (AIP) shares on 2026-06-08, disposing 42,449 shares at a weighted average of $34.74 ($1,474,750) and 27,551 shares at a weighted average of $35.16 ($968,682), for combined proceeds of approximately $2,443,432. These were sales (dispositions), not purchases.
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely within the standard 2-business-day window).
- Breakdown: 42,449 shares @ weighted avg $34.74 (individual trades ranged $33.97–$34.96); 27,551 shares @ weighted avg $35.16 (individual trades ranged $34.97–$35.46).
- Total shares sold: 70,000; total reported proceeds: ~$2.44 million.
- Reporting person: Bayview Legacy, LLC (identified as a 10% owner). K. Charles Janac, the manager of Bayview Legacy, LLC, separately filed a Form 4 reporting the same transactions and is deemed to have voting and dispositive power over these shares.
- Plan/authorization: Sales were made pursuant to a 10b5-1 trading plan adopted March 5, 2025 (pre-arranged trading plan).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- These are routine sales by a large shareholder under a pre-set 10b5-1 plan. 10% owners are substantial holders (institutional/large stakeholder), and sales under 10b5-1 plans are typically pre-planned rather than ad hoc signals of management view.
- Because these are disposals (S), they generally carry less informational weight for bullish sentiment than insider purchases.
Insider Transaction Report
Form 4
Bayview Legacy, LLC
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3][F4]2026-06-08$34.74/sh−42,449$1,474,750→ 8,956,622 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F5]2026-06-08$35.16/sh−27,551$968,682→ 8,929,071 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 $33.97 to $34.96 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 $34.97 to $35.46 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
/s/ K. Charles Janac|2026-06-10