Bayview Legacy LLC sells 40K Arteris shares
Bayview Legacy, LLC, a 10% owner of Arteris, Inc., reported selling a total of 40,000 shares of Arteris common stock in two open-market transactions.
Rhea-AI Filing Summary
Bayview Legacy, LLC, a 10% owner of Arteris, Inc., reported selling a total of 40,000 shares of Arteris common stock in two open-market transactions. On March 25, it sold 7,012 shares at a weighted average price of about $18.03 per share, followed by 32,988 shares on March 26 at a weighted average price of about $18.35 per share.
The sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2025. After these transactions, Bayview Legacy, LLC indirectly holds 9,189,071 Arteris common shares, so the sale represents a small portion of its overall position.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 32,988 | $18.3458 | $605K |
| Sale | Common Stock | 7,012 | $18.0309 | $126K |
Footnotes (5)
- 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 March 5, 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 $18.00 to $18.08 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 $18.00 to $18.70 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.
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