Arteris Insider Bayview Legacy Divests 50,000 Shares Under 10b5-1 Plan

Q: How many Arteris (AIP) shares did Bayview Legacy sell?

The Form 4 reports 50,000 common shares sold on 08/05/2025.

Q: What was the average sale price for the insider transaction?

The weighted-average sale price was $13.1199 , with trades ranging from $12.35 to $14.20.

Q: Does Bayview Legacy still own a large stake in AIP after the sale?

Yes. Post-transaction, the insider owns 9,839,071 shares indirectly, remaining a 10% holder.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Arteris, Inc. (AIP) Form 4 filing: 10% owner Bayview Legacy, LLC, managed by CEO K. Charles Janac, reported the sale of 50,000 common shares on 08/05/2025. The trade, executed under a Rule 10b5-1 plan adopted 03/05/2025, was coded “S” (open-market sale). Weighted-average price: $13.1199, with individual transactions between $12.35 and $14.20.

Following the sale, Bayview Legacy’s indirect beneficial ownership stands at 9,839,071 shares. No derivative transactions were reported. Janac has filed a separate Form 4 reflecting the same activity due to his control of the LLC.

The disposition represents roughly 0.5% of Bayview Legacy’s post-transaction holdings, leaving the insider with a substantial stake and signaling limited portfolio rebalancing rather than a material exit.

Positive

Sale executed under a pre-disclosed Rule 10b5-1 plan, enhancing transparency and reducing potential insider-trading concerns.
Insider retains 9.84 million shares, maintaining significant alignment with shareholder interests.

Negative

50,000 shares were sold by a 10% owner, which can be read as a modest bearish signal despite its small proportion of holdings.

Insights

TL;DR: Small 50k-share sale by 10% owner; negligible dilution, neutral impact.

The transaction equals about 0.5% of Bayview Legacy’s stake, suggesting routine liquidity rather than a directional view on AIP fundamentals. Execution under a pre-arranged 10b5-1 plan lowers the informational content of the trade, and the remaining 9.84 million shares continue to align insider interests with shareholders. I view the filing as neutral for valuation or near-term price action.

TL;DR: Transparent, plan-based sale supports governance best practices.

Use of a dated 10b5-1 trading plan and detailed price disclosure meet updated SEC guidance, reducing litigation risk and perception of opportunistic trading. With no derivative activity or board changes, governance posture remains intact. Insider still qualifies as 10% holder, so filing cadence should continue. Overall governance impact: neutral-to-positive.

Insider Trade Summary

Net Seller: 50,000 shares ($655,995)

Net Sell 1 txn

Insider Bayview Legacy, LLC

Role 10% Owner

Sold 50,000 shs ($656K)

Type	Security	Shares	Price	Value
Sale	Common Stock	50,000	$13.1199	$656K

Holdings After Transaction: Common Stock — 9,839,071 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 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 $12.35 to $14.20 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. 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.

Form 4 Insider Transactions: What Each Field Means →

08/07/2025 - 04:16 PM

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).

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

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)
08/05/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/05/2025		S⁽¹⁾⁽²⁾		50,000	D	$13.1199⁽³⁾	9,839,071	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $12.35 to $14.20 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	08/07/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many Arteris (AIP) shares did Bayview Legacy sell?

The Form 4 reports 50,000 common shares sold on 08/05/2025.

What was the average sale price for the insider transaction?

The weighted-average sale price was $13.1199, with trades ranging from $12.35 to $14.20.

Does Bayview Legacy still own a large stake in AIP after the sale?

Yes. Post-transaction, the insider owns 9,839,071 shares indirectly, remaining a 10% holder.

Was the sale part of a Rule 10b5-1 trading plan?

Yes. The filing states the transaction was executed under a 10b5-1 plan adopted on 03/05/2025.

Were any derivative securities involved in this Form 4?

No derivative acquisitions or dispositions were reported in Table II.