Bayview Legacy, LLC trims Arteris (AIP) stake with 50,000-share sale
Rhea-AI Filing Summary
Arteris, Inc. reported an insider share sale by Bayview Legacy, LLC, a 10% owner of the company. On January 8, 2026, Bayview Legacy, LLC sold 50,000 shares of Arteris common stock at a weighted average price of $16.5831 per share in open-market transactions executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2025. After this sale, Bayview Legacy, LLC beneficially owned 9,419,071 shares indirectly. K. Charles Janac is the manager of Bayview Legacy, LLC and is deemed to have voting and dispositive power over these shares, and he has separately filed his own Form 4 for the same transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $16.5831 | $829K |
Footnotes (1)
- Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on March 5, 2025. 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. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.2150 to $17.3600 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. 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.
FAQ
What insider transaction did Arteris (AIP) disclose in this Form 4?
The filing shows that Bayview Legacy, LLC, a 10% owner of Arteris, Inc., sold 50,000 shares of common stock in an open-market transaction on January 8, 2026.
Was the Arteris (AIP) insider sale under a Rule 10b5-1 plan?
Yes. The sale was made pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on March 5, 2025.
What is K. Charles Janac’s role in relation to Bayview Legacy, LLC and Arteris (AIP)?
K. Charles Janac is the manager of Bayview Legacy, LLC and is deemed to have voting and dispositive power over its Arteris shares. He has separately filed a Form 4 reporting the same transaction based on his beneficial ownership through Bayview Legacy, LLC.
Is Bayview Legacy, LLC considered a 10% owner of Arteris (AIP)?
Yes. In the filing, Bayview Legacy, LLC is identified as a 10% owner of Arteris, Inc., triggering reporting obligations for its transactions in the company’s common stock.