Arista Networks (ANET) director Charles Giancarlo details trust stock sales
Rhea-AI Filing Summary
Arista Networks director Charles Giancarlo reported multiple open‑market sales of company stock held in a family trust. On January 2, 2026, a trust for which he serves as co‑trustee sold blocks of Arista Networks common stock at weighted average prices of $132.9695, $133.6371, $134.9893, and $135.705 per share.
The sales, all coded as transaction type “S,” were made under a Rule 10b5‑1 trading plan that Giancarlo entered into on June 12, 2025. After these transactions, the trust continued to hold Arista Networks shares indirectly, and Giancarlo also reported a separate direct holding of common stock. The filing notes that each weighted average price reflects multiple trades within specified price ranges, and Giancarlo has agreed to provide full trade‑level detail upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,476 | $132.9695 | $329K |
| Sale | Common Stock | 3,524 | $133.6371 | $471K |
| Sale | Common Stock | 1,800 | $134.9893 | $243K |
| Sale | Common Stock | 200 | $135.705 | $27K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.34 to $133.33, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are held by a family trust for which the reporting person is co-trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.34 to $134.28, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.45 to $135.39, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.51 to $135.90, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider activity did Arista Networks (ANET) disclose in this Form 4?
The filing shows that director Charles Giancarlo reported several open‑market sales of Arista Networks common stock on January 2, 2026, executed through a family trust where he is co‑trustee.
Were Charles Giancarlos Arista Networks (ANET) stock sales under a Rule 10b5-1 plan?
Yes. The filing states that the January 2, 2026 sales were made under a Rule 10b5-1 trading plan that Giancarlo entered into on June 12, 2025.
Does the Form 4 describe any remaining Arista Networks (ANET) holdings for Charles Giancarlo?
Yes. After the reported sales, the form shows continued indirect holdings by the trust as well as a separate line disclosing 221,578 Arista Networks common shares held directly by Giancarlo.