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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 55,814 | $0.00 | -- |
| Other | Common Stock | 55,814 | $0.00 | -- |
| Other | Common Stock | 111,628 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents 55,814 shares transferred to the Family Trust from the GRAT of the Reporting Person's spouse. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Represents 55,814 shares transferred to the Family Trust from the GRAT of the Reporting Person. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. 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) These shares are held by a family trust for which the reporting person is co-trustee. 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. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
