Arista Networks insider converts 538 RSUs
Arista Networks, Inc. (ANET) reported a Form 4 for director Lewis Chew showing the vesting and conversion of restricted stock units into common stock.
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Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) reported a Form 4 for director Lewis Chew showing the vesting and conversion of restricted stock units into common stock. On August 20, 2026, 538 RSUs (each representing a contingent right to one share of common stock) were exercised and converted into 538 shares of common stock at a $0.00 exercise price. Following this transaction, Chew directly held 31,770 shares of Arista common stock and 1,615 RSUs. The RSUs were granted on May 29, 2026, with one quarter of the shares vesting on August 20, 2026 and the remainder scheduled to vest on subsequent quarterly vest dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-6 F1, F2 | 538 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 538 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- F2. The reporting person was granted RSUs on May 29, 2026. 1/4th of the shares vest on August 20, 2026 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
Key Terms
Restricted Stock Unit financial
contingent right financial
quarterly vest date financial
derivative security financial
FAQ
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What insider transaction did Lewis Chew report for Arista Networks (ANET)?
What was the price for the RSU conversion reported for ANET?
What is the vesting schedule of Lewis Chew’s RSUs at Arista Networks (ANET)?
Were Lewis Chew’s ANET transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.