Giancarlo family trust sells 8,000 Arista (NYSE: ANET) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks, Inc. director Charles H. Giancarlo reported that a family trust for which he is co-trustee sold 8,000 shares of Arista common stock on July 1, 2026 in a series of open-market transactions under a pre-arranged Rule 10b5-1 trading plan. Sale prices for the individual trades, reported as weighted averages, ranged across multiple levels, including $170.0306 and $163.9981 per share. Following these transactions, the filing shows the trust holding 200,305 shares indirectly, while Giancarlo also holds 971 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares ($1,336,474)
Net Sell
10 txns
Insider
Giancarlo Charles H
Role
null
Sold
8,000 shs ($1.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28 | $162.3357 | $5K |
| Sale | Common Stock | 279 | $162.617 | $45K |
| Sale | Common Stock | 490 | $163.9981 | $80K |
| Sale | Common Stock | 799 | $165.371 | $132K |
| Sale | Common Stock | 1,321 | $166.3336 | $220K |
| Sale | Common Stock | 2,133 | $167.3551 | $357K |
| Sale | Common Stock | 1,785 | $168.1151 | $300K |
| Sale | Common Stock | 1,002 | $169.2338 | $170K |
| Sale | Common Stock | 163 | $170.0306 | $28K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 200,305 shares (Indirect, by Trust);
Common Stock — 971 shares (Direct, null)
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 $161.44 to $162.39, 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. 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 $162.54 to $163.47, 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 $163.67 to $164.20, 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 $164.80 to $165.7995, 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 $165.80 to $166.7925, 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 $166.80 to $167.79, 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 $167.80 to $168.78, 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 $168.82 to $169.8153, 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 $169.8442 to $170.41, 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.
Key Figures
Shares sold: 8,000 shares
Sale price example: $170.0306 per share
Sale price example: $163.9981 per share
+3 more
6 metrics
Shares sold
8,000 shares
Total common stock sold on July 1, 2026
Sale price example
$170.0306 per share
Weighted average price for one sale block
Sale price example
$163.9981 per share
Weighted average price for another sale block
Indirect holdings after sale
200,305 shares
Common stock held by family trust after transactions
Direct holdings after sale
971 shares
Common stock held directly after transactions
Net share change
8,000 shares
Net-sell shares from transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, family trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
family trust financial
"These shares are held by a family trust for which the reporting person is co-trustee."
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "by Trust""
FAQ
What insider transaction did Arista Networks (ANET) report for Charles H. Giancarlo?
Arista Networks reported that a family trust associated with director Charles H. Giancarlo sold 8,000 shares of common stock. The transactions occurred on July 1, 2026, as multiple open-market sales disclosed in a Form 4 insider trading report.
Was Charles H. Giancarlo’s Arista Networks (ANET) stock sale pre-planned?
Yes. A footnote explains the sale was executed under a Rule 10b5-1 trading plan Giancarlo entered into on June 12, 2025. Such plans pre-schedule trades, helping separate personal trading decisions from nonpublic information.
What does the Rule 10b5-1 reference mean in the Arista Networks (ANET) Form 4?
The Form 4 notes the sale was made under a Rule 10b5-1 trading plan entered June 12, 2025. These SEC-sanctioned plans allow insiders to schedule trades in advance, providing a framework for more routine, pre-arranged transactions.