Bayview Legacy (AIP) 10b5-1 sale of 70,000 Arteris shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bayview Legacy, LLC, a ten percent owner of Arteris, Inc., reported an open-market sale of 70,000 shares of Arteris common stock. The sale occurred on April 8, 2026 at a weighted average price of $19.0398 per share, with individual trade prices ranging from $18.67 to $19.43.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2025 by K. Charles Janac, the manager of Bayview Legacy, LLC. Following the sale, Bayview Legacy, LLC indirectly held 9,119,071 shares of Arteris common stock, over which Janac is deemed to have voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 70,000 shares ($1,332,786)
Net Sell
1 txn
Insider
Bayview Legacy, LLC
Role
10% Owner
Sold
70,000 shs ($1.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 70,000 | $19.0398 | $1.33M |
Holdings After Transaction:
Common Stock — 9,119,071 shares (Indirect, See Footnote)
Footnotes (1)
- 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. 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. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.67 to $19.43 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.
Key Figures
Shares sold: 70,000 shares
Weighted average sale price: $19.0398 per share
Sale price range: $18.67–$19.43
+2 more
5 metrics
Shares sold
70,000 shares
Open-market sale on April 8, 2026
Weighted average sale price
$19.0398 per share
Average price for 70,000 shares sold
Sale price range
$18.67–$19.43
Range of individual trade prices in the sale
Shares held after transaction
9,119,071 shares
Indirect holdings of Bayview Legacy, LLC after sale
10b5-1 plan adoption date
March 5, 2025
Date K. Charles Janac adopted trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, voting and dispositive power
4 terms
Rule 10b5-1 trading plan regulatory
"Transaction made pursuant to a 10b5-1 trading plan that was adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price."
beneficial ownership financial
"given his beneficial ownership of the reported security through Bayview Legacy, LLC"
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"
FAQ
What insider transaction did Bayview Legacy, LLC report for Arteris (AIP)?
Bayview Legacy, LLC reported selling 70,000 shares of Arteris common stock. The open-market sale occurred on April 8, 2026 at a weighted average price of $19.0398 per share under an established trading plan.
Was the Arteris (AIP) insider sale made under a Rule 10b5-1 plan?
Yes. The transaction was made pursuant to a Rule 10b5-1 trading plan. The plan was adopted by K. Charles Janac, as manager of Bayview Legacy, LLC, on March 5, 2025, indicating the sale was pre-arranged.
Who is associated with Bayview Legacy, LLC in this Arteris (AIP) Form 4 filing?
K. Charles Janac is identified as the manager of Bayview Legacy, LLC. He is deemed to have voting and dispositive power over the shares beneficially owned by Bayview Legacy, LLC and separately filed his own Form 4 for the same transaction.