Trust transfers reshape Duda’s Arista Networks (NYSE: ANET) share holdings

Rhea-AI Filing Summary

Arista Networks, Inc. President and CTO Kenneth Duda reported internal restructuring of his indirect holdings in the company’s common stock. On March 11, 2026, trusts associated with Duda and his spouse transferred a total of 223,256 shares among family-related grantor retained annuity trusts and a family trust, all at a stated price of $0.00 per share, indicating non-market, no-cash movements.

Following these transactions, indirect positions shown include 702,147 shares for a GRAT of Duda’s spouse, 702,147 shares for Duda’s own GRAT and 201,134 shares held by a family trust. Additional holdings entries show 12,976 shares held directly, 1,111,168 shares held by a children’s trust, and 512,400 shares held by a foundation where Duda and his spouse serve as co-trustees. Footnotes state that some of these trusts are for the benefit of family members and that Duda shares control and in at least one case disclaims beneficial ownership, underscoring that these are estate- and trust-planning moves rather than open-market purchases or sales.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duda Kenneth

(Last) (First) (Middle)

5453 GREAT AMERICA PARKWAY

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CTO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		J(1)		55,814	D	$0.0	702,147	I	By GRAT JD(2)
Common Stock	03/11/2026		J(3)		55,814	D	$0.0	702,147	I	By GRAT KD(4)
Common Stock	03/11/2026		J(5)		111,628	A	$0.0	201,134	I	by Trust(6)
Common Stock								12,976	D
Common Stock								1,111,168	I	By Childrens' Trust(7)
Common Stock								512,400	I	By Foundation(8)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 55,814 shares transferred to the Family Trust from the GRAT of the Reporting Person's spouse.

2. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.

3. Represents 55,814 shares transferred to the Family Trust from the GRAT of the Reporting Person.

4. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.

5. Represents an aggregate of 111,628 shares contributed from the GRAT of the Reporting Person (55,814 shares), and GRAT of the Reporting Person's spouse (55,814 shares)

6. These shares are held by a family trust for which the reporting person is co-trustee.

7. These shares are held in a trust for the benefit of a Child 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.

8. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.

	By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kenneth Duda report in this Form 4 for Arista Networks (ANET)?

Kenneth Duda reported internal trust restructurings involving Arista Networks common stock. Several family-related trusts transferred a combined 223,256 shares at $0.00 per share, reflecting non-market, no-cash movements used for estate and wealth planning rather than open-market trading activity.

Were any Arista Networks (ANET) shares bought or sold on the market in this filing?

No open-market buys or sells are shown in this filing. All coded transactions are “J” (other acquisition or disposition), with a $0.00 per-share price, indicating internal transfers among trusts and a family foundation instead of regular stock market purchases or sales.

How many Arista Networks (ANET) shares were restructured among trusts?

A total of 223,256 Arista Networks common shares were restructured. This includes 55,814 shares from a spouse’s GRAT, 55,814 shares from Duda’s GRAT, and 111,628 shares contributed to a family trust, according to the transaction records and accompanying footnote descriptions.

What are Kenneth Duda’s indirect Arista Networks (ANET) holdings after these transactions?

Post-transaction records show 702,147 shares for a GRAT of Duda’s spouse, 702,147 shares for Duda’s GRAT, 201,134 shares in a family trust, 1,111,168 shares in a children’s trust, and 512,400 shares in a foundation, all classified as indirect ownership interests.

Does Kenneth Duda disclaim beneficial ownership of any Arista Networks (ANET) shares?

Yes. A footnote explains that shares held in a trust for the benefit of a child are co-trustee–managed and that Duda shares voting and investment control but disclaims beneficial ownership, clarifying that these holdings are primarily for the child’s benefit.

How many Arista Networks (ANET) shares does Kenneth Duda hold directly after this filing?

The filing shows 12,976 Arista Networks common shares held directly by Kenneth Duda. This figure is listed separately from larger indirect holdings held through various family trusts, grantor retained annuity trusts, and a charitable foundation.