Arista Networks (NYSE: ANET) director holds 58K shares after RSU vest
Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) director Mark B. Templeton reported the vesting and settlement of restricted stock units into common shares. On August 20, 2026, 538 RSUs converted into 538 shares of common stock at a stated exercise price of $0.00 per share. Following the transaction, he directly owns 58,410 common shares and has 1,615 RSUs outstanding. In addition, 75,200 common shares are held indirectly in a trust for which his spouse serves as trustee.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 538 shares
Net Buy
3 txns
Insider
TEMPLETON MARK B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-8 F1, F3 | 538 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 538 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit-8 — 1,615 shares (Direct);
Common Stock — 58,410 shares (Direct);
Common Stock — 75,200 shares (Indirect, by Spouse)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- F2. These shares are held in a trust for which the reporting person's spouse serves as trustee.
- F3. 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
RSUs exercised: 538 units
Common shares acquired from RSU conversion: 538 shares
Direct common share holdings after transaction: 58,410 shares
+3 more
6 metrics
RSUs exercised
538 units
Restricted Stock Units converted into common stock on August 20, 2026
Common shares acquired from RSU conversion
538 shares
Shares of Arista Networks, Inc. common stock received on August 20, 2026
Direct common share holdings after transaction
58,410 shares
Direct ownership of Arista Networks, Inc. common stock following the Form 4 transactions
Indirect common share holdings by spouse’s trust
75,200 shares
Indirect ownership reported as held in a trust for which the spouse serves as trustee
RSUs outstanding after transaction
1,615 units
Remaining restricted stock units, each convertible into one common share upon vesting
RSU grant date
May 29, 2026
Grant date of the RSUs subject to the reported vesting and conversion
Key Terms
Restricted Stock Unit, contingent right, quarterly vest date, market trading day
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of Arista Networks, Inc."
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after February 20"
market trading day financial
"A quarterly vest date is the first market trading day on or after February 20"
FAQ
What insider transaction did ANET director Mark B. Templeton report on August 20, 2026?
He reported the exercise and settlement of 538 RSUs into 538 shares of Arista Networks, Inc. common stock on August 20, 2026, at a stated exercise price of $0.00 per share.
What indirect ANET holdings are reported for Mark B. Templeton?
The Form 4 shows an indirect holding of 75,200 ANET common shares held "by Spouse" in a trust for which the reporting person’s spouse serves as trustee.
How many restricted stock units does Mark B. Templeton have after this ANET transaction?
Following the RSU conversion, Mark B. Templeton has 1,615 restricted stock units outstanding, each representing a contingent right to receive one share of Arista Networks, Inc. common stock upon vesting.
What are the vesting terms of the RSUs reported by ANET for Mark B. Templeton?
The RSUs were granted on May 29, 2026. One-fourth vests on August 20, 2026, and the remainder continues to vest at the same rate on each quarterly vest date, defined as the first market trading day on or after February 20, May 20, August 20, or November 20.
AI-generated analysis. How Rhea-AI works. Not financial advice.
