Bayview Legacy, LLC 4
4 · Arteris, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Bayview Legacy Sells 192,686 Shares
What Happened
Bayview Legacy, LLC (a reported 10% owner of Arteris, Inc.; managed by K. Charles Janac) sold a total of 192,686 Arteris (AIP) shares in multiple open‑market transactions on July 2, 2026. The eight reported lots had weighted‑average prices and proceeds as follows:
- 11,000 shares @ $37.61 = $413,681
- 39,880 shares @ $36.70 = $1,463,440
- 26,348 shares @ $35.67 = $939,894
- 80,042 shares @ $34.77 = $2,783,108
- 24,691 shares @ $38.89 = $960,211
- 5,482 shares @ $39.72 = $217,765
- 2,500 shares @ $40.78 = $101,958
- 2,743 shares @ $43.24 = $118,596
Aggregate proceeds were about $6.999 million. These were sales (not purchases); sales are often routine portfolio/liquidity actions rather than a direct signal about company prospects.
Key Details
- Transaction date: July 2, 2026 (filed on Form 4 July 6, 2026 — appears to be timely within the usual 2 business‑day window).
- Price information: reported as weighted average prices for each lot; underlying trade price ranges across lots span roughly $34.20 to $43.51 per share (see footnotes for per‑lot ranges).
- Shares owned after transaction: not provided in the summary data supplied.
- Footnotes: Transactions were made pursuant to a 10b5‑1 trading plan adopted December 12, 2025 (footnote F1). K. Charles Janac, as manager of Bayview Legacy, is deemed to have voting and dispositive power and filed a separate Form 4 for the same activity (footnotes F2, F4). Several footnotes note that reported prices are weighted averages and provide the ranges for the multiple trades in each lot (F3–F11).
- Transaction code: S = Sale.
Context
- This filing reflects activity by a 10% owner (an affiliated institutional holder), not necessarily an operational executive — although the manager (K. Charles Janac) has control and filed separately. Institutional sales like this can be for diversification, liquidity, or plan‑driven reasons (here, a 10b5‑1 plan), so they are not definitive indicators of company performance.
- For retail investors: purchases by insiders tend to be more informative about insider confidence; significant, plan‑driven sales should be noted but interpreted cautiously.
Insider Transaction Report
Form 4
Bayview Legacy, LLC
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3][F4]2026-07-02$37.61/sh−11,000$413,681→ 8,736,733 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F5]2026-07-02$36.70/sh−39,880$1,463,440→ 8,696,853 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F6]2026-07-02$35.67/sh−26,348$939,894→ 8,670,505 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F7]2026-07-02$34.77/sh−80,042$2,783,108→ 8,590,463 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F8]2026-07-02$38.89/sh−24,691$960,211→ 8,565,772 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F9]2026-07-02$39.72/sh−5,482$217,765→ 8,560,290 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F10]2026-07-02$40.78/sh−2,500$101,958→ 8,557,790 total(indirect: See Footnote) - Sale
Common Stock
[F1][F2][F11]2026-07-02$43.24/sh−2,743$118,596→ 8,555,047 total(indirect: See Footnote)
Footnotes (11)
- [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 December 12, 2025.
- [F10]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.44 to $40.90 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.
- [F11]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $42.57 to $43.51 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.
- [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 $37.20 to $38.17 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 $36.20 to $37.19 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.
- [F6]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.20 to $36.19 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.
- [F7]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.20 to $35.19 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.
- [F8]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.27 to $39.25 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.
- [F9]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.30 to $40.29 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|2026-07-06