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Arista Networks (NYSE: ANET) 10% holder Bechtolsheim files $60M sale plan

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Arista Networks, Inc. (ANET) has a notice under Rule 144 from 10% stockholder Andreas Bechtolsheim for a potential sale of its common stock. The notice covers up to 300,000 shares of Arista common stock to be sold through Goldman Sachs & Co. LLC on the NYSE, with an estimated aggregate market value of $60,327,000. The filing lists approximately 1,261,224,648 shares outstanding of Arista common stock as context. The 300,000 shares were originally acquired on 01/21/2011 in a private transaction. The notice also details numerous sales of Arista shares during the past three months by Andreas Bechtolsheim and The Bechtolsheim Family Trust. These sales and the planned sales are stated to be made under a selling plan dated 02/20/2026 that is intended to comply with Rule 10b5-1(c).

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Shares to be sold under Rule 144 300,000 shares of common stock Maximum number of Arista Networks shares covered by this notice
Estimated aggregate market value of shares to be sold $60,327,000 Value of the 300,000 Arista Networks common shares covered by the notice
Approximate number of shares outstanding 1,261,224,648 shares Approximate Arista Networks common shares outstanding as stated in the filing
Acquisition date of shares to be sold 01/21/2011 Date the 300,000 shares were acquired in a private transaction from a shareholder
Single sale example by Andreas Bechtolsheim 100,000 shares for $16,405,030 Sale of Arista common stock on 06/04/2026 reported in the past 3 months section
Single sale example by Bechtolsheim Family Trust 100,000 shares for $15,515,720 Sale of Arista common stock on 05/26/2026 reported in the past 3 months section
Date of Rule 10b5-1 selling plan 02/20/2026 Date of the selling plan referenced in the remarks section
Date of notice 08/27/2026 Date on which the Rule 144 notice was signed and submitted
Rule 144 regulatory
"See the definition of "person" in 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.
10% Stockholder regulatory
"10% Stockholder 144: Securities Information"
Rule 10b5-1 (c) regulatory
"selling plan dated 2/20/2026 that is intended to comply with Rule 10b5-1 (c)."
selling plan financial
"The sales of shares set forth herein are made in connection with a selling plan dated 2/20/2026"
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What does the Form 144 filing mean for Arista Networks (ANET)?

The filing reports that 10% stockholder Andreas Bechtolsheim has filed a Rule 144 notice to potentially sell 300,000 ANET common shares through Goldman Sachs & Co. LLC, with an estimated value of $60,327,000, under a preset Rule 10b5-1(c) selling plan.

How many Arista Networks (ANET) shares are covered by this Rule 144 notice?

The notice covers up to 300,000 shares of Arista Networks common stock. These shares are to be sold for the account of Andreas Bechtolsheim, with Goldman Sachs & Co. LLC listed as the broker and the NYSE as the trading venue.

What is the estimated value of the ANET shares in this Form 144 filing?

The filing shows an estimated aggregate market value of $60,327,000 for the 300,000 Arista Networks common shares covered by the notice, based on the price information provided in the securities section of the filing.

How many Arista Networks (ANET) shares are stated as outstanding in this filing?

The filing lists approximately 1,261,224,648 shares outstanding of Arista Networks common stock. This figure is contextual background and is separate from the 300,000 shares covered by the Rule 144 sale notice.

When and how were the ANET shares in this Form 144 originally acquired?

The 300,000 Arista Networks common shares covered by the notice were acquired on 01/21/2011 by Andreas Bechtolsheim in a private transaction from a shareholder, paid for in cash, according to the acquisition section of the filing.

What does the Rule 10b5-1 selling plan reference mean for ANET stock sales?

The remarks state that the sales are made under a selling plan dated 02/20/2026 intended to comply with Rule 10b5-1(c). This indicates pre-arranged trading instructions for shares, rather than discretionary, ad hoc trade decisions.

Which entities have sold ANET shares in the past three months according to this filing?

The filing lists numerous sales of Arista Networks common stock over the past three months by Andreas Bechtolsheim personally and by The Bechtolsheim Family Trust, each with specific dates, share amounts, and dollar proceeds.

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

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Learn about SEC filing dates

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