Form 4: Arteris CEO Sells Shares for Tax Liability
Insider Transaction Report
Arteris, Inc. President and CEO, Charles K. Janac, sold 7,823 shares of common stock on January 2, 2026, to cover tax liabilities from restricted stock unit releases.
Summary
- Charles K. Janac, President and CEO, Director, and 10% Owner of Arteris, Inc. (AIP), reported transactions.
- On January 2, 2026, Mr. Janac sold a total of 7,823 shares of Arteris, Inc. Common Stock.
- The sales were executed in three separate transactions: 3,185 shares, 1,618 shares, and 3,020 shares.
- All shares were sold at a price of $15.4471 per share.
- The purpose of these sales was to satisfy the reporting person's tax liability arising from the release of restricted stock units.
- Following these transactions, Mr. Janac directly beneficially owns 150,632 shares of Common Stock.
- Indirect beneficial ownership includes 9,469,071 shares through Bayview Legacy, LLC, and 56,252 shares through Charles and Lydia Janac Trust.
Sentiment
Score: 5
Explanation: The sale of shares by the CEO was explicitly stated to satisfy tax liabilities arising from the release of restricted stock units, which is a common and often mandatory event for executives receiving equity compensation. This type of transaction is generally considered neutral as it does not reflect a discretionary decision to reduce ownership based on company performance or outlook.
Positives
- The underlying event leading to the sale was the release of restricted stock units (RSUs), indicating earned equity compensation for the executive.
Negatives
- Direct sale of 7,823 shares of common stock by the President and CEO, reducing their direct beneficial ownership in the company.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Indirect beneficial ownership of 9,469,071 shares of Common Stock through Bayview Legacy, LLC, where the Reporting Person is the manager.
- Indirect beneficial ownership of 56,252 shares of Common Stock through Charles and Lydia Janac Trust, for which the Reporting Person serves as trustee.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership (7,823 shares) due to a tax-related sale, which is a routine event and unlikely to significantly impact shareholder sentiment or share price.
- Employees: No direct impact on employees.
- Customers/Suppliers/Creditors: No direct impact on customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of earliest transaction (sale of common stock). |
| 01/06/2026 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe reported transaction is a routine sale of shares by the CEO to cover tax liabilities associated with the vesting of restricted stock units. This is a common occurrence for executives receiving equity compensation and does not typically signal a change in the company's fundamental outlook or the executive's confidence. Therefore, a 'hold' recommendation is appropriate as this filing alone does not provide new information to alter an existing investment thesis.
Keywords
Arteris, AIP, Form 4, insider trading, stock sale, CEO, director, beneficial ownership, restricted stock units, tax liability
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