[144] Arista Networks, Inc. SEC Filing
Rhea-AI Filing Summary
Arista Networks Form 144 notice reports a proposed sale of 24,000 common shares through J.P. Morgan Securities (NYSE) with an aggregate market value of $3,411,840 and an approximate sale date of 09/17/2025. The shares were received on 02/27/2025 as a Grantor Annuity Trust distribution from Kenneth and Jennifer Duda. The filer certifies no undisclosed material adverse information and the filing identifies prior sales by related parties during the past three months, including multiple sales by Kenneth Duda (three sales of 30,000 shares each) and sales by trusts and a foundation, reflecting ongoing disposition activity by related persons.
Positive
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Negative
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Insights
TL;DR: Significant insider-related selling activity is disclosed; this is a routine Rule 144 compliance filing, not a company operational update.
The filing documents a planned block sale of 24,000 common shares valued at $3.41 million through J.P. Morgan, originating from a trust distribution on 02/27/2025. The record of multiple recent sales by the same family and affiliated trusts over the past three months indicates sustained liquidity actions by insiders/related parties rather than a single one-off transaction. This is material to shareholders as it increases publicly available float, but it does not provide any financial performance data or operational disclosures about Arista Networks.
TL;DR: The Form 144 appears to meet Rule 144 disclosure requirements; multiple related-party sales suggest coordinated disposition planning.
The notice shows compliance with Rule 144 procedures: broker identification, acquisition date, and representation regarding undisclosed material information. Multiple sales by Kenneth Duda, family trusts, and a foundation over three months point to a structured pattern of disposals following a trust distribution. While this raises governance visibility for investors, the filing contains no allegations or disclosures about company governance changes or misconduct.