205,000 ANET Shares Listed for Resale by Andreas Bechtolsheim (ANET)
Rhea-AI Filing Summary
Andreas Bechtolsheim files an amendment to a Rule 144 notice to sell 205,000 shares of Common Stock. The filing lists the shares as acquired in a private transaction on 01/21/2011 for cash and identifies Goldman Sachs & Co. LLC and the NYSE as intermediary/exchange details.
The amendment is procedural: it updates the securities-to-be-sold table and related filing fields and does not disclose pricing, timing of sale, or proceeds in the provided excerpt.
Positive
- None.
Negative
- None.
Insights
Amendment to a resale notice for 205,000 shares by an early private purchaser.
The filing amends a Rule 144 notice identifying 205,000 shares of Common Stock acquired 01/21/2011 in a private transaction and marked cash. Rule 144 filings are administrative notifications under resale safe-harbors; the excerpt does not state sale timing or method.
Material dependencies include whether the seller meets current Rule 144 conditions and market-sale mechanics set by brokers; subsequent filings or broker reports would disclose actual sale timing and proceeds.