Arista Networks (NYSE: ANET) director awarded 2,153 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHEW LEWIS reported acquisition or exercise transactions in this Form 4 filing.
Arista Networks director Lewis Chew received a grant of 2,153 restricted stock units (RSUs) of Arista Networks, Inc. Common Stock. Each RSU represents a contingent right to receive one share upon vesting. The grant was made on May 29, 2026.
One quarter of the RSUs vest on August 20, 2026, with the remaining units vesting at the same rate on each quarterly vest date thereafter. Quarterly vest dates are defined as the first market trading day on or after February 20, May 20, August 20, or November 20. Following this award, Chew holds 2,153 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHEW LEWIS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit-6 | 2,153 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit-6 — 2,153 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. 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 granted: 2,153 units
Vesting start: August 20, 2026
Post-grant RSU holdings: 2,153 units
+2 more
5 metrics
RSUs granted
2,153 units
Restricted Stock Unit grant on May 29, 2026
Vesting start
August 20, 2026
1/4 of RSUs vest on this date
Post-grant RSU holdings
2,153 units
Total RSUs held directly following transaction
Quarterly vest dates
First trading day on/after Feb 20, May 20, Aug 20, Nov 20
Defines subsequent RSU vesting dates
RSU grant price
$0.00 per unit
Compensation grant, not open-market purchase
Key Terms
Restricted Stock Unit, vest, quarterly vest date
3 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.
vest financial
"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 vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20."
FAQ
What insider transaction did Arista Networks (ANET) report for Lewis Chew?
Arista Networks reported that director Lewis Chew received a grant of 2,153 restricted stock units. These RSUs are a form of equity compensation and give him the right to receive an equal number of Arista Networks, Inc. Common Stock shares as they vest over time.
How many RSUs did Lewis Chew receive from Arista Networks (ANET)?
Lewis Chew received 2,153 restricted stock units from Arista Networks, Inc. Each RSU converts into one share of Common Stock upon vesting, providing equity-based compensation that aligns his interests with shareholders as the units vest according to the stated schedule.
What is the vesting schedule for Lewis Chew’s Arista Networks (ANET) RSUs?
The RSUs granted to Lewis Chew vest over time. One quarter of the 2,153 units vest on August 20, 2026, and the remaining units continue vesting at the same rate on each quarterly vest date thereafter, subject to the defined trading-day-based vesting dates.
How are quarterly vest dates defined for Lewis Chew’s ANET RSUs?
Quarterly vest dates for the RSUs are defined as the first market trading day on or after February 20, May 20, August 20, or November 20. This means actual vesting occurs on trading days aligned with these calendar dates rather than on fixed calendar days.
Is Lewis Chew’s Arista Networks (ANET) RSU award an open-market stock purchase?
No, the RSU award is not an open-market stock purchase. It is a grant categorized as a grant, award, or other acquisition, with a transaction price per unit of $0.00, reflecting compensation rather than a cash purchase on the open market.
How many Arista Networks RSUs does Lewis Chew hold after this grant?
After the reported grant, Lewis Chew holds 2,153 restricted stock units. These RSUs are held directly and represent a contingent right to receive an equal number of Arista Networks, Inc. Common Stock shares as they vest according to the specified vesting schedule.