Bayview Legacy sells 100,000 Arteris, Inc. (AIP) shares via plan
Rhea-AI Filing Summary
Bayview Legacy, LLC, a 10% owner of Arteris, Inc., reported open‑market sales totaling 100,000 shares of common stock on August 3–4, 2026. The five indirect transactions, executed under a Rule 10b5‑1 trading plan adopted on December 12, 2025, used weighted‑average pricing, with underlying trade ranges from $28.17 to $32.48 per share. K. Charles Janac, Bayview’s manager, is deemed to have voting and dispositive power over these shares and has separately reported his beneficial ownership.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 100,000 shares
Net Sell
5 txns
Insider
Bayview Legacy, LLC
Role
10% Owner
Sold
100,000 shs ($3.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F7 | 23,506 | $31.9217 | $750K |
| Sale | Common Stock F1, F2, F8 | 2,600 | $32.4149 | $84K |
| Sale | Common Stock F1, F2, F3, F4 | 6,321 | $28.7865 | $182K |
| Sale | Common Stock F1, F2, F5 | 42,415 | $29.9906 | $1.27M |
| Sale | Common Stock F1, F2, F6 | 25,158 | $30.3132 | $763K |
Holdings After Transaction:
Common Stock — 8,329,071 shares (Indirect, See Footnote)
Footnotes (8)
- 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.
- 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 $28.17 to $29.15 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 $29.19 to $30.18 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 $30.19 to $30.61 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 $31.36 to $32.35 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 $32.37 to $32.48 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.
Key Figures
Total shares sold: 100,000 shares
Shares sold 2026-08-04 (tranche 1): 23,506 shares at $31.9217 per share
Shares sold 2026-08-04 (tranche 2): 2,600 shares at $32.4149 per share
+3 more
6 metrics
Total shares sold
100,000 shares
Aggregate Arteris common stock sold by Bayview Legacy, LLC across five transactions
Shares sold 2026-08-04 (tranche 1)
23,506 shares at $31.9217 per share
First reported indirect sale of common stock on August 4, 2026
Shares sold 2026-08-04 (tranche 2)
2,600 shares at $32.4149 per share
Second reported indirect sale of common stock on August 4, 2026
Shares sold 2026-08-03 (tranche 1)
6,321 shares at $28.7865 per share
Indirect sale of common stock on August 3, 2026 with weighted average pricing
Shares sold 2026-08-03 (tranche 2)
42,415 shares at $29.9906 per share
Largest single reported tranche of indirect sales on August 3, 2026
Shares sold 2026-08-03 (tranche 3)
25,158 shares at $30.3132 per share
Additional indirect sale of common stock on August 3, 2026
Key Terms
10b5-1 trading plan, weighted average sale price, beneficial ownership, voting and dispositive power
4 terms
10b5-1 trading plan regulatory
"Transaction made pursuant to a 10b5-1 trading plan that was adopted..."
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price..."
beneficial ownership regulatory
"reporting the same transaction given his beneficial ownership of the reported security..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and dispositive power regulatory
"is deemed to have voting and dispositive power over the shares..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Bayview Legacy, LLC report in its latest filing for Arteris (AIP)?
Bayview Legacy, LLC reported selling 100,000 shares of Arteris common stock in five indirect open‑market transactions on August 3–4, 2026. The sales were executed under a Rule 10b5‑1 trading plan adopted on December 12, 2025, by manager K. Charles Janac.
Were Bayview Legacy’s Arteris (AIP) transactions direct or indirect holdings?
All reported sales involve indirect ownership. The filing lists Bayview Legacy’s common stock as indirect with “See Footnote,” explaining that manager K. Charles Janac is deemed to have voting and dispositive power over the shares beneficially owned by Bayview Legacy, LLC.
Were Bayview Legacy’s Arteris (AIP) sales made under a Rule 10b5‑1 trading plan?
Yes. A footnote states the transactions were made pursuant to a Rule 10b5‑1 trading plan adopted by K. Charles Janac, as manager of Bayview Legacy, LLC, on December 12, 2025. The filing’s Rule 10b5‑1 checkbox is also marked as affirming plan status.