Form 4: Arteris CEO Sells 40,000 Shares Under 10b5-1 Plan

Arteris, Inc. President and CEO K. Charles Janac sold 40,000 shares of common stock in late March 2026 through a pre-arranged 10b5-1 trading plan.

Summary

• K. Charles Janac, President and CEO, Director, and 10% Owner of Arteris, Inc. (AIP), reported the sale of 40,000 shares of common stock.
• The sales occurred on March 25, 2026, and March 26, 2026.
• On March 25, 2026, 7,012 shares were sold at a weighted average price of $18.0309, with prices ranging from $18.00 to $18.08.
• On March 26, 2026, 32,988 shares were sold at a weighted average price of $18.3458, with prices ranging from $18.00 to $18.70.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Janac on March 5, 2025.
• Following these transactions, Mr. Janac beneficially owns 9,189,071 shares indirectly through Bayview Legacy, LLC, 217,538 shares directly, and 56,252 shares indirectly through the Charles and Lydia Janac Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which mitigates concerns about opportunistic selling based on non-public information.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, adopted on March 5, 2025, which indicates the transactions were scheduled in advance and not based on immediate, non-public information, enhancing transparency.

Negatives

• The sale of 40,000 shares by the President and CEO reduces his direct beneficial ownership, which some investors might interpret as a slight decrease in management's direct equity alignment with shareholders.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 trading plans are a common practice for executives to manage their personal finances while adhering to insider trading regulations. Such pre-scheduled sales are generally viewed as less indicative of management's immediate sentiment about the company's prospects compared to unplanned, open-market sales.

Related Party Transactions

• K. Charles Janac is the manager of Bayview Legacy, LLC, through which he indirectly beneficially owns 9,189,071 shares.
• K. Charles Janac serves as trustee for the Charles and Lydia Janac Trust, through which he indirectly beneficially owns 56,252 shares.

Stakeholder Impact

• Shareholders: The sale of shares by the CEO, even if pre-planned, slightly reduces the alignment of management's equity interests with shareholders. However, the pre-planned nature reduces the negative signal typically associated with insider selling.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Arteris, AIP, Insider Trading, Form 4, Stock Sale, CEO, 10b5-1 Plan, Beneficial Ownership