Arista Networks Inc SEC Filings

Arista Networks (ANET) director and President/CTO Kenneth Duda reported option exercises and stock sales. On 11/17/2025, he exercised a non-qualified stock option for 30,000 shares of common stock at an exercise price of $3.515 per share, increasing his direct holdings before subsequent sales.

That same day he sold multiple blocks of Arista common stock at weighted average prices ranging from $125.515 to $132.81 per share, under Rule 10b5-1 trading plans entered on March 13, 2025. After these transactions, he directly owned 12,976 shares, with additional indirect holdings including 1,159,168 shares held by a children’s trust, 542,400 shares held by a 501(c) foundation, two GRATs holding 762,035 shares each, and 9,303 shares in a family trust.

Arista Networks (ANET) CEO and Chair Jayshree Ullal reported an internal transfer of 935,000 shares of common stock on 11/14/2025, coded as transaction type G, which typically reflects a gift or similar transfer. Following this move, a family trust for which Ullal is co‑trustee holds 18,312,010 shares indirectly.

Additional indirect holdings include 9,917 shares in a trust for a child, 5,383,207 shares in a trust for Child 1, 5,383,207 shares in a trust for Child 2, and 30,000 shares each in trusts for a nephew and a niece. The filing notes that Ullal serves as trustee or co‑trustee and shares voting and investment control over these trusts, while disclaiming beneficial ownership of shares held for children and other relatives.

Arista Networks (ANET): Director Charles Giancarlo reported selling 8,000 shares of common stock on 11/03/2025 pursuant to a Rule 10b5-1 trading plan entered into on June 12, 2025.

The sales were executed in four tranches at weighted average prices of $156.3252 (2,168 shares; individual trades ranged $155.74–$156.73), $157.3273 (5,232 shares; ranged $156.78–$157.76), $158.011 (500 shares; ranged $157.81–$158.31), and $159.02 (100 shares). After these transactions, the reporting person beneficially owned 33,784 shares indirectly through a family trust and 220,607 shares directly.

The filing notes the reporting person will provide full trade-by-trade details within the disclosed price ranges upon request.

Arista Networks (ANET) reported strong Q3 2025 results. Total revenue reached $2,308.3 million, up 27.5% year over year, driven by product revenue of $1,911.7 million and service revenue of $396.6 million. Net income was $853.0 million, and diluted EPS was $0.67. Gross margin improved to 64.6%.

Year to date, revenue was $6,517.9 million and operating cash flow was $3,110.0 million. Cash, cash equivalents and marketable securities were about $10.1 billion at quarter end. Deferred revenue rose to $4,686.2 million, reflecting increased PCS and acceptance‑based contracts, and remaining performance obligations totaled $5.3 billion.

Arista completed the $300.0 million acquisition of VeloCloud and repurchased $983.0 million of stock in the first nine months (average price $88.7), with $1.4 billion remaining under the new $1.5 billion authorization. Non‑cancellable purchase commitments were $4.8 billion, and inventories were $2,155.7 million as new products ramp.

Arista Networks, Inc. furnished a press release announcing its financial results for the quarter ended September 30, 2025. The company attached the full release as Exhibit 99.1.

The information, including Exhibit 99.1, was furnished under Item 2.02 and Item 9.01 and is not deemed filed under Section 18 of the Exchange Act or incorporated by reference, except as specifically referenced in future filings.

Arista Networks (ANET) insider activity: President and CTO Kenneth Duda exercised 30,000 stock options at $3.515 on 10/17/2025 and sold 30,000 common shares the same day under a Rule 10b5‑1 plan. Sales were executed in multiple tranches at weighted average prices within $139.47–$144.22.

Additional 10b5‑1 plan sales occurred in affiliated entities: a Children’s Trust (total 16,000 shares) and a 501(c) Foundation (total 10,000 shares). Following the transactions, Duda held 12,976 shares directly. Indirect holdings reported include 1,175,168 shares by a Children’s Trust, 552,400 by a Foundation, 762,035 by GRAT JD, 762,035 by GRAT KD, and 9,303 by a family trust. The exercised option relates to 30,000 underlying shares and expires on 02/11/2026.

Arista Networks director Charles Giancarlo reported multiple sales of Arista common stock under a Rule 10b5-1 trading plan on 10/01/2025. The filings show repeated disposals at weighted-average prices ranging from about $143.75 up to $149.71 across several blocks; footnotes provide the specific price ranges for each block. The sales were executed pursuant to a 10b5-1 plan entered on June 12, 2025, and the shares sold are held in a family trust for which Mr. Giancarlo is a co-trustee. Following the reported transactions the amount of Arista common stock beneficially owned as shown in the form decreases through successive lines to 41,784 shares. The form is signed by an attorney-in-fact on behalf of Mr. Giancarlo on 10/03/2025.

Charles Giancarlo, a director of Arista Networks (ANET), reported multiple open-market sales of common stock executed under a Rule 10b5-1 trading plan. The Form 4 shows a total of 220,607 shares disposed across several transactions on 09/19/2025 at weighted-average prices ranging roughly from $146.76 to $149.91. Remaining reported beneficial ownership varies by vehicle: shares are held in a Charitable Remainder Trust and a family trust for which he is co-trustee, with reported post-transaction beneficial holdings in those trusts (examples include 39,263, 18,630, and 49,812 shares). The filings include footnotes disclosing the 10b5-1 plan and weighted-average price ranges for grouped sales.

Kenneth Duda, President and CTO and a director of Arista Networks (ANET), reported transactions under a Rule 10b5-1 plan on 09/17/2025. He exercised a non-qualified stock option to acquire 30,000 shares at an exercise price of $3.515. Concurrently he sold multiple blocks of common stock in a series of transactions at weighted-average prices ranging from about $139.14 to $143.35, with individual sale lots shown and weighted-average prices disclosed. Following the reported transactions, direct beneficial ownership reflects 120,000 derivative shares exercisable and varying direct share counts. Substantial additional holdings are reported indirectly through children’s trusts, a foundation, GRATs, and family trusts with reported indirect share counts (for example 1,206,654 and 762,035 in certain vehicles).