[Form 4] Arista Networks, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks director Mark B. Templeton increased his equity stake through RSU vesting and exercise. On May 20, 2026, he exercised restricted stock units that converted into 971 shares of Common Stock at an exercise price of $0.00 per share. Following this transaction, he held 57,872 shares of Arista Networks Common Stock directly and 75,200 shares indirectly through a trust for which his spouse serves as trustee. Each restricted stock unit represents a right to receive one share of Common Stock upon vesting under a quarterly vesting schedule that began on August 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
971 shares exercised/converted
Mixed
3 txns
Insider
TEMPLETON MARK B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-7 | 971 | $0.00 | -- |
| Exercise | Common Stock | 971 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit-7 — 0 shares (Direct, null);
Common Stock — 57,872 shares (Direct, null);
Common Stock — 75,200 shares (Indirect, by Spouse)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. These shares are held in a trust for which the reporting person's spouse serves as trustee. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20.
Key Figures
RSU shares exercised: 971 shares
Exercise price: $0.00 per share
Direct holdings after transaction: 57,872 shares
+2 more
5 metrics
RSU shares exercised
971 shares
Restricted stock units converted to Common Stock on May 20, 2026
Exercise price
$0.00 per share
Price for RSU conversion into Common Stock
Direct holdings after transaction
57,872 shares
Common Stock held directly by Mark B. Templeton
Indirect holdings after transaction
75,200 shares
Common Stock held indirectly via spouse’s trust
RSU grant date
May 30, 2025
Grant date for restricted stock units that vest quarterly
Key Terms
Restricted Stock Unit, derivative exercise/conversion, indirect ownership, trustee, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for RSUs converting into Common Stock."
indirect ownership financial
"These shares are held in a trust for which the reporting person's spouse serves as trustee, and are reported as indirect ownership."
trustee financial
"These shares are held in a trust for which the reporting person's spouse serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
vesting schedule financial
"1/4th of the shares vest on August 20, 2025 and continue to vest at the same rate on each quarterly vest date thereafter."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
