Table I (Non-Derivative Securities)
- Sale : 100,000.00 shares
- Average Sale Price: $13.0742
- Total Value: 100,000.00 * $13.0742 = $1,307,420.00
- Post-Transaction Direct Holdings: 161,759.00 shares
- Indirect Holdings: 9,689,071.00 shares (Bayview Legacy, LLC); 56,252.00 shares (Charles and Lydia Janac Trust)
- 10b5-1 Plan Used? Yes
π Summary
JANAC K CHARLES, President and CEO at Arteris, Inc. (AIP), sold 100,000 shares on October 8, 2025, at an average price of $13.07, realizing proceeds of about ~$1,307,420.00. After the transaction, he now holds 161,759 direct shares and 9,689,071 indirect shares (Bayview Legacy, LLC) and 56,252 indirect shares (Charles and Lydia Janac Trust). For retail traders, this is a neutral-to-slightly bearish event: Planned 10b5-1 sale; small relative to total holdings.
π Interpretation
- Type: Comp-related (prearranged 10b5-1 trading plan)
- Disposition: Shares were disposed (sold) pursuant to the 10b5-1 plan; executed in multiple transactions.
- Size Context: 100,000 shares (~$1.31M) represents ~1% of the ~9.69M shares held indirectly via Bayview β modest relative to total beneficial ownership; appears routine profit-taking rather than a major divestiture.
- ATH Metric: The sale executed at ~ $13.07. Relative to recent trading levels (last close near this level), this is not proximate to an obvious all-time high or all-time low and does not appear opportunistic relative to extreme price points; it aligns with ordinary market-range selling under a plan.
- Outlier Check: Not unusually large compared to the holderβs total position and to typical 10b5-1 plan executions; no clear outlier detected.
π Bullish or Bearish?
Decide: Neutral β Slightly Bearish
Neutral β Slightly Bearish. This is a planned sale (10b5-1) and the insider remains heavily invested via indirect holdings; the filing shows sales (code S) but they are prearranged and modest relative to total ownership, so itβs not a strong negative signal. Cluster activity cannot be determined from this filing alone.
β
Bottom Line (Retail Takeaway)
This transaction looks like routine profit-taking under a prearranged 10b5-1 plan rather than a bearish signal. For retail traders, itβs noise β not a standalone trade trigger unless corroborated by sizeable coordinated insider selling from multiple top executives.