STOCK TITAN

Bayview Legacy sells 50,000 AIP shares under 10b5-1 plan at $13.07

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Arteris, Inc. (AIP) reporting person Bayview Legacy, LLC (managed by K. Charles Janac) sold 50,000 shares of common stock on 10/08/2025 under a pre-existing 10b5-1 trading plan. The weighted average sale price was $13.0742 (individual trades ranged from $13.00 to $13.20). After the sale, Bayview Legacy, LLC is reported to beneficially own 9,689,071 shares indirectly through the manager relationship. The filing notes that Janac separately filed an individual Form 4 to report the same transaction and confirms he is deemed to have voting and dispositive power over the shares held by Bayview Legacy, LLC.

Positive

  • Transaction executed under a 10b5-1 plan, indicating pre‑planned sale and reduced questions about trade timing
  • Reporting person volunteered full price breakdown upon request, supporting transparency about the weighted average price range

Negative

  • None.

Insights

Sale executed under a pre-established 10b5-1 plan; beneficial ownership remains material.

The transaction is described as occurring under a 10b5-1 plan adopted on 03/05/2025, which indicates the sale was pre-authorized rather than a discretionary trade. That structure is a common governance practice to reduce timing concerns about insider knowledge.

Key dependencies include the plan's terms and whether further scheduled trades exist; monitor any subsequent Form 4 filings near-term for additional programmed sales.

Reported sale of 50,000 shares at a weighted avg $13.0742; large residual stake remains.

The filing reports a weighted average sale price with a disclosed range of $13.00$13.20, and a remaining indirect holding of 9,689,071 shares. The manager disclosed voting and dispositive power, and filed a separate individual Form 4 reporting the same disposal.

Watch for clarifying detail if requested by regulators or investors about per‑price breakdowns; the reporting person offered to provide the number of shares sold at each price upon request, which preserves transparency.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bayview Legacy, LLC

(Last) (First) (Middle)
C/O ARTERIS, INC.
900 E. HAMILTON AVE., SUITE 300

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Arteris, Inc. [ AIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/08/2025 S(1)(2) 50,000 D $13.0742(3) 9,689,071 I See Footnote(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.20 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.
4. 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.
Remarks:
/s/ K. Charles Janac 10/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Arteris (AIP) insider Bayview Legacy, LLC sell on 10/08/2025?

Bayview Legacy, LLC sold 50,000 shares of Arteris common stock on 10/08/2025 at a weighted average price of $13.0742.

Was the sale by Bayview Legacy, LLC pre-planned under a 10b5-1 plan?

Yes. The filing states the sale was made pursuant to a 10b5-1 trading plan adopted on 03/05/2025.

How many Arteris shares does Bayview Legacy, LLC beneficially own after the sale?

After the reported transaction, Bayview Legacy, LLC beneficially owns 9,689,071 shares indirectly.

Who controls Bayview Legacy, LLC and reported the transaction?

K. Charles Janac is the manager of Bayview Legacy, LLC; he is deemed to have voting and dispositive power and filed a separate Form 4 reporting the same transaction.

What price range were the shares sold at?

The filing discloses the shares were sold in multiple transactions at prices ranging from $13.00 to $13.20.
Arteris, Inc.

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