Bayview Legacy trims Arteris (NASDAQ: AIP) stake under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arteris, Inc. major holder Bayview Legacy, LLC reported selling common stock in multiple open-market transactions. On July 1, 2026, Bayview executed four sales totaling 181,338 shares of Arteris common stock at weighted average prices between $44.0606 and $47.0752.
The trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by K. Charles Janac, who manages Bayview Legacy, LLC and is deemed to have voting and dispositive power over the shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 181,338 shares ($8,243,334)
Net Sell
4 txns
Insider
Bayview Legacy, LLC
Role
null
Sold
181,338 shs ($8.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,691 | $45.0395 | $1.25M |
| Sale | Common Stock | 63,562 | $44.0606 | $2.80M |
| Sale | Common Stock | 49,680 | $46.1653 | $2.29M |
| Sale | Common Stock | 40,405 | $47.0752 | $1.90M |
Holdings After Transaction:
Common Stock — 8,901,380 shares (Indirect, See Footnote)
Footnotes (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 December 12, 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 $44.68 to $45.67 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. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $43.68 to $44.67 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. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $45.68 to $46.67 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. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $46.68 to $47.63 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: 181,338 shares
Transaction count: 4 sales
Weighted avg price 1: $47.0752/share
+3 more
6 metrics
Total shares sold
181,338 shares
Net open-market sales on July 1, 2026
Transaction count
4 sales
Non-derivative open-market transactions
Weighted avg price 1
$47.0752/share
One of four reported sale prices
Weighted avg price 2
$46.1653/share
One of four reported sale prices
Weighted avg price 3
$45.0395/share
One of four reported sale prices
Weighted avg price 4
$44.0606/share
One of four reported sale prices
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, voting and dispositive power, +1 more
5 terms
Rule 10b5-1 trading plan financial
"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
"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 financial
"is deemed to have voting and dispositive power over the shares"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider activity did Bayview Legacy, LLC report for Arteris (AIP)?
Bayview Legacy, LLC reported selling 181,338 shares of Arteris common stock in four open-market transactions. The trades occurred on July 1, 2026, and were executed at weighted average prices between $44.0606 and $47.0752 per share.
How many individual transactions did Bayview Legacy, LLC execute in Arteris (AIP)?
Bayview Legacy, LLC executed four separate open-market sale transactions in Arteris common stock. Each transaction was reported with its own weighted average sale price, reflecting multiple trades within specified price ranges on the same trading date.