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Arista Networks: $5.49M share sale proposed

The notice names the Foundation for Truth, Justice, and Compassion as seller, while Kenneth Duda is identified as the account person.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Arista Networks, Inc. (ANET) has a Form 144 notice for a proposed sale of 30,000 common shares, listed with an aggregate market value of $5,488,500.

Kenneth Duda, identified as an officer, is named as the person for whose account the securities are to be sold; the remarks state that the Foundation for Truth, Justice, and Compassion will sell the shares, with Jennifer Duda as president. J.P. Morgan Securities LLC is listed as broker and signed as agent and attorney-in-fact for Kenneth Duda. The approximate sale date is October 20, 2026.

Proposed sale 30,000 common shares Arista Networks common stock
Aggregate market value $5,488,500 Proposed sale
Approximate sale date October 20, 2026 Proposed sale
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founder Shares financial
"This filing is for Founder Shares acquired by Kenneth Duda."
Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.
attorney-in-fact regulatory
"as agent and attorney-in-fact for Kenneth Duda"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ANET shares are proposed for sale?

The notice reports a proposed sale of 30,000 common shares, with an aggregate market value of $5,488,500.

Who is listed in connection with the proposed ANET share sale?

Kenneth Duda, identified as an officer, is named as the person for whose account the securities are to be sold. The remarks say the Foundation for Truth, Justice, and Compassion will sell the shares, with Jennifer Duda as president.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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