Director Daniel Scheinman acquires 971 Arista (NYSE: ANET) shares through RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Arista Networks, Inc. director Daniel Scheinman reported an RSU vesting and share issuance. On February 20, 2026, 971 Restricted Stock Units were exercised or converted into 971 shares of Arista Networks common stock at a price of $0.0000 per share. Following this non-cash derivative conversion, his directly held common stock position increased to 157,221 shares. The RSUs were part of a grant made on May 30, 2025 that vests quarterly beginning August 20, 2025.

Insider Trade Summary

971 shares exercised/converted

Mixed 2 txns

Insider Scheinman Daniel

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit-6	971	$0.00	--
Exercise	Common Stock	971	$0.00	--

Holdings After Transaction: Restricted Stock Unit-6 — 971 shares (Direct); Common Stock — 157,221 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20.

Form 4 Insider Transactions: What Each Field Means →

02/24/2026 - 07:21 PM

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

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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^*

Scheinman Daniel

(Last)

(First)

(Middle)

5453 GREAT AMERICA PARKWAY

(Street)

SANTA CLARA

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
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/20/2026		M		971	A	$0.0⁽¹⁾	157,221	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit-6	$0.0⁽¹⁾	02/20/2026		M			971	⁽²⁾	⁽²⁾	Common Stock	971	$0.0	971	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

2. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20.

	By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Daniel Scheinman	02/24/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Arista Networks (ANET) director Daniel Scheinman report on this Form 4?

Daniel Scheinman reported an acquisition of shares through RSU vesting. On February 20, 2026, 971 Restricted Stock Units converted into 971 Arista Networks common shares at $0.0000 per share, increasing his directly owned stake to 157,221 shares.

How many Arista Networks (ANET) shares did Daniel Scheinman acquire in this Form 4 filing?

He acquired 971 Arista Networks common shares through an RSU conversion. The transaction involved exercising 971 Restricted Stock Units at a stated price of $0.0000 per share, reflecting the vesting of a portion of a previously granted equity award.

What is the vesting schedule for Daniel Scheinman’s Arista Networks (ANET) RSUs?

The RSUs were granted on May 30, 2025 and vest quarterly. One-quarter vests on August 20, 2025, then continues vesting on the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.

How many Arista Networks (ANET) shares does Daniel Scheinman own after this RSU conversion?

After the February 20, 2026 RSU conversion, he directly owns 157,221 Arista Networks common shares. This total reflects the addition of 971 shares received from exercising Restricted Stock Units that vested under his existing grant.

Was the Arista Networks (ANET) Form 4 transaction a market purchase or sale?

The reported activity was not a market trade but an RSU conversion. Code “M” indicates an exercise or conversion of a derivative security, where 971 Restricted Stock Units converted into 971 common shares at a stated price of $0.0000 per share.