Arteris (AIP) 10% holder Bayview Legacy sells 125,976 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bayview Legacy, LLC, a 10% owner of Arteris, Inc. (AIP), reported open-market sales of a total of 125,976 shares of common stock on July 6, 2026. The sales were executed in three tranches at weighted average prices of $35.065, $36.2365, and $37.0705 per share.
The trades were made pursuant to a Rule 10b5-1 trading plan adopted by K. Charles Janac, the manager of Bayview Legacy, LLC, on December 12, 2025. Janac is deemed to have voting and dispositive power over the shares held by Bayview Legacy, and he has separately filed a Form 4 reflecting the same transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 125,976 shares ($4,509,185)
Net Sell
3 txns
Insider
Bayview Legacy, LLC
Role
null
Sold
125,976 shs ($4.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,490 | $37.0705 | $1.09M |
| Sale | Common Stock | 27,908 | $36.2365 | $1.01M |
| Sale | Common Stock | 68,578 | $35.065 | $2.40M |
Holdings After Transaction:
Common Stock — 8,525,557 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 $36.66 to $37.58 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 $35.66 to $36.655 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 $34.64 to $35.63 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: 125,976 shares
First tranche shares: 68,578 shares
Second tranche shares: 27,908 shares
+2 more
5 metrics
Total shares sold
125,976 shares
Open-market sales on July 6, 2026
First tranche shares
68,578 shares
Common Stock sold at $35.065 per share
Second tranche shares
27,908 shares
Common Stock sold at $36.2365 per share
Third tranche shares
29,490 shares
Common Stock sold at $37.0705 per share
10b5-1 plan adoption date
December 12, 2025
Plan adopted by K. Charles Janac for Bayview Legacy, LLC
Key Terms
Rule 10b5-1 trading plan, beneficial ownership, weighted average sale price, 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.
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.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price."
voting and dispositive power financial
"is deemed to have voting and dispositive power over the shares..."
FAQ
What insider transaction did Arteris (AIP) report in this Form 4?
Arteris (AIP) reported that Bayview Legacy, LLC sold 125,976 common shares. The 10% owner executed three open-market sales on July 6, 2026, at weighted average prices between $35.065 and $37.0705 per share under a pre-established trading plan.
Who is Bayview Legacy, LLC in relation to Arteris (AIP)?
Bayview Legacy, LLC is a 10% owner of Arteris, Inc. (AIP). It holds Arteris common stock, and its manager, K. Charles Janac, is deemed to have voting and dispositive power over these shares, giving him beneficial ownership through the LLC structure.
Were the Arteris (AIP) insider sales made under a 10b5-1 plan?
Yes, the Arteris (AIP) share sales were made under a Rule 10b5-1 plan. The plan was adopted on December 12, 2025 by K. Charles Janac, as manager of Bayview Legacy, LLC, indicating the July 6, 2026 sales were pre-arranged.
Did K. Charles Janac personally file a Form 4 for Arteris (AIP)?
Yes, K. Charles Janac separately filed a Form 4 for Arteris (AIP). The footnotes state he reported the same transactions in his individual capacity because he beneficially owns the securities through Bayview Legacy, LLC, which he controls as its manager.