Arista CEO Ullal to Sell 127,580 Shares: What Investors Should Know
Rhea-AI Filing Summary
Arista Networks insider trading notification: CEO Jayshree Ullal plans to sell 127,580 shares with an aggregate market value of $12,417,361 through J.P. Morgan Securities. The sale is scheduled for June 26, 2025, on the NYSE.
Key details:
- Shares were originally acquired through stock option exercises in 2013
- Sale will be executed by The Adeeti Ullal Trust, with Jayshree Ullal as Trustee
- Transaction follows a Rule 10b5-1 trading plan adopted on December 13, 2024
- Current total shares outstanding: 1,255,921,431
The filing confirms no material adverse information is known by the seller and notes no other sales by the insider in the past 3 months. This planned sale represents approximately 0.01% of total outstanding shares.
Positive
- None.
Negative
- CEO Jayshree Ullal plans to sell 127,580 shares worth approximately $12.4M through a 10b5-1 trading plan, representing a planned liquidation of shares acquired through stock options
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Jayshree Ullal's role at ANET according to the Form 144?
According to the Form 144 filing, Jayshree Ullal's relationship to Arista Networks (ANET) is listed as 'Officer and Director' of the company.