Form 4: Bayview Legacy Disposes of 50,000 Arteris Shares

Bayview Legacy, LLC reported a gift transfer of 50,000 shares of Arteris, Inc. common stock.

Summary

• Bayview Legacy, LLC, a 10% owner of Arteris, Inc., executed a gift transaction of 50,000 shares of common stock.
• The transaction occurred on May 18, 2026, at a price of $0.00 per share.
• Following the transaction, Bayview Legacy, LLC retains beneficial ownership of 8,999,071 shares.
• K. Charles Janac, as manager of Bayview Legacy, LLC, maintains voting and dispositive power over the remaining shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a gift rather than a market-based sale.

Positives

• The transaction was a gift, indicating no immediate liquidity pressure or market sell-off by the major shareholder.

Negatives

• Reduction in total shares held by a significant 10% owner.

Risks

• Concentration of ownership and control by K. Charles Janac through Bayview Legacy, LLC.

Future Outlook

No specific forward-looking guidance provided in this ownership disclosure.

Management Comments

• 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.

Industry Context

StockSavvy.ai notes that insider gift filings are routine administrative disclosures and generally do not signal a change in corporate strategy or fundamental business health.

Comparison to Industry Standards

• Standard regulatory compliance filing for 10% beneficial owners under Section 16(a) of the Securities Exchange Act.

Related Party Transactions

• K. Charles Janac is the manager of Bayview Legacy, LLC and holds voting and dispositive power over the shares.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a gift and the reduction in shares is negligible relative to the total holdings.

Next Steps

• Continued monitoring of Form 4 filings for further changes in insider holdings.

Key Dates

Keywords

Arteris, AIP, Insider Trading, Form 4, Beneficial Ownership, K. Charles Janac