Form 4: Arteris 10% Owner Sells 50,000 Shares via 10b5-1 Plan

Bayview Legacy, LLC, a 10% owner of Arteris, Inc., sold 50,000 shares of common stock for $13.0742 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Bayview Legacy, LLC, identified as a 10% owner of Arteris, Inc. (AIP), disposed of 50,000 shares of common stock.
• The transaction occurred on October 8, 2025, at a weighted average sale price of $13.0742 per share, with individual sales ranging from $13.00 to $13.20.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by K. Charles Janac, the manager of Bayview Legacy, LLC, on March 5, 2025.
• Following this transaction, Bayview Legacy, LLC beneficially owns 9,689,071 shares of Arteris, Inc.
• K. Charles Janac, in his individual capacity, also filed a separate Form 4 reporting the same transaction, given his beneficial ownership and control over Bayview Legacy, LLC.

Sentiment

Score: 5

Explanation: The sale of shares by a 10% owner is generally viewed with caution, but the execution under a pre-arranged 10b5-1 plan mitigates immediate negative sentiment, suggesting a planned liquidity event rather than a reaction to adverse company news.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than an immediate reaction to new, potentially negative, information.

Negatives

• A significant insider sale of 50,000 shares by a 10% owner could be perceived negatively by the market, potentially raising questions about insider confidence.

Management Comments

• 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.

Related Party Transactions

• K. Charles Janac, as the manager of Bayview Legacy, LLC, is deemed to have voting and dispositive power over the shares beneficially owned by the LLC. He also filed a separate Form 4 for the same transaction, highlighting his direct involvement and control.

Stakeholder Impact

• Shareholders: The sale by a significant owner could lead to questions about future stock performance or insider confidence, potentially impacting investor sentiment.

Key Dates

Recommendation

While the sale was pre-planned under a 10b5-1 agreement, the disposal of 50,000 shares by a 10% owner, Bayview Legacy, LLC, warrants a 'hold' recommendation. This type of transaction typically reflects a planned liquidity event rather than a direct negative signal about the company's immediate prospects. However, significant insider selling can sometimes create downward pressure or raise questions about long-term confidence, suggesting investors should maintain their current positions and monitor future developments rather than initiating new buy or sell orders based solely on this filing.

Keywords

Arteris Inc., AIP, Bayview Legacy LLC, Insider Sale, Form 4, 10b5-1 Plan, Common Stock, Share Disposal, K. Charles Janac, 10% Owner