Arteris (AIP) director Janac records 40,000-share 10b5-1 stock sale
Rhea-AI Filing Summary
Arteris, Inc. director K. Charles Janac reported an indirect sale of company stock executed under a pre-arranged trading plan. On December 4, 2025, an entity he manages, Bayview Legacy, LLC, sold 40,000 shares of Arteris common stock at a weighted average price of $16.4618 per share under a Rule 10b5-1 plan adopted on March 5, 2025. Following this transaction, Janac beneficially owned 9,599,071 shares of Arteris common stock indirectly through Bayview Legacy, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,000 | $16.4618 | $658K |
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 $16.25 to $16.65 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 stock transaction did Arteris (AIP) disclose for K. Charles Janac?
Arteris disclosed that director K. Charles Janac, through Bayview Legacy, LLC, sold 40,000 shares of Arteris common stock in a reported transaction.
Was the Arteris (AIP) insider sale made under a Rule 10b5-1 trading plan?
Yes. The transaction was made pursuant to a Rule 10b5-1 trading plan that was adopted by K. Charles Janac on March 5, 2025.
What is Bayview Legacy, LLC’s role in K. Charles Janac’s Arteris (AIP) holdings?
Bayview Legacy, LLC holds the Arteris shares, and K. Charles Janac, as its manager, is deemed to have voting and dispositive power over those shares.