CEO-linked LLC trims Arteris (AIP) stake via 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arteris, Inc. insider activity: An entity associated with President and CEO Charles Janac reported a planned sale of company stock. On January 15, 2026, Bayview Legacy, LLC sold 17,884 shares of Arteris common stock at a weighted average price of $17.8357 per share, under a Rule 10b5-1 trading plan adopted on March 5, 2025. Following this sale, Bayview Legacy, LLC held 9,399,071 shares beneficially owned, over which Janac, as manager, is deemed to have voting and dispositive power.
Separately, Janac held 139,487 shares directly and 56,252 shares indirectly through the Charles and Lydia Janac Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,884 shares ($318,974)
Net Sell
3 txns
Insider
JANAC K CHARLES
Role
President and CEO
Sold
17,884 shs ($319K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,884 | $17.8357 | $319K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,399,071 shares (Indirect, Bayview Legacy, LLC);
Common Stock — 139,487 shares (Direct)
Footnotes (1)
- Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on March 5, 2025. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.04 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. The Reporting Person is the manager of Bayview Legacy, LLC and as such is deemed to have voting and dispositive power of the shares beneficially owned by Bayview Legacy, LLC. The shares are held by Charles and Lydia Janac Trust, for which the Reporting Person serves as trustee.