Arista Networks (ANET) CEO reports RSU vesting and tax sale
Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) CEO and Chairperson Jayshree Ullal reported equity award activity and related tax withholding on a Form 4. On 11/20/2025, 20,600 and 27,660 shares of common stock were acquired at $0.0 upon vesting of restricted stock units, and 24,218 shares were disposed of at $124.81 to cover tax obligations. Following these transactions, Ullal directly holds 33,959 shares of Arista common stock. In addition, large indirect holdings are reported, including 18,312,010 shares held by a family trust for which Ullal is co‑trustee.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-7 | 20,600 | $0.00 | -- |
| Exercise | Restricted Stock Unit-8 | 27,660 | $0.00 | -- |
| Exercise | Common Stock | 20,600 | $0.00 | -- |
| Exercise | Common Stock | 27,660 | $0.00 | -- |
| Tax Withholding | Common Stock | 24,218 | $124.81 | $3.02M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. These shares are held by a family trust for which the reporting person is co-trustee. This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested 25% on February 21, 2023 and will continue to vest quarterly over 3 years. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested (25%) on February 20, 2024, and will continue to vest quarterly over 3 years. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
FAQ
What does the latest Form 4 for Arista Networks (ANET) report for CEO Jayshree Ullal?
The Form 4 reports that CEO and Chairperson Jayshree Ullal had restricted stock units vest on 11/20/2025, resulting in common stock acquisitions and a share disposition to satisfy tax withholding obligations.
What indirect Arista Networks (ANET) holdings are reported for Jayshree Ullal?
The Form 4 lists indirect holdings held in various trusts, including 18,312,010 shares held by a family trust where Ullal is co-trustee, and additional shares held in trusts for children, a nephew, and a niece, with beneficial ownership disclaimed for certain trusts.
How do the performance stock awards for ANET vest for Jayshree Ullal?
One performance stock award granted in the first quarter of 2022 vested 25% on February 21, 2023 and continues to vest quarterly over three years. Another granted in the first quarter of 2023 vested 25% on February 20, 2024 and will also vest quarterly over three years, with vest dates on the first market trading day on or after February 20, May 20, August 20, and November 20 each year.