Director at Arista Networks (NYSE: ANET) sells shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks director Yvonne Wassenaar reported an RSU vesting and related share sales. On May 20, 2026, she exercised 971 restricted stock units into 971 shares of Arista Networks, Inc. Common Stock. The same day, she sold 971 shares in four open-market transactions at weighted average prices reported between $139.8920 and $142.6189 per share.
The filing states these exercises and sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025. Following the transactions, Wassenaar directly holds 9,784 shares of Arista Networks common stock, indicating a routine liquidity event rather than a change in her overall equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 971 shares ($136,846)
Net Sell
6 txns
Insider
Wassenaar Yvonne
Role
null
Sold
971 shs ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-4 | 971 | $0.00 | -- |
| Exercise | Common Stock | 971 | $0.00 | -- |
| Sale | Common Stock | 324 | $139.892 | $45K |
| Sale | Common Stock | 329 | $140.8642 | $46K |
| Sale | Common Stock | 242 | $141.8928 | $34K |
| Sale | Common Stock | 76 | $142.6189 | $11K |
Holdings After Transaction:
Restricted Stock Unit-4 — 0 shares (Direct, null);
Common Stock — 10,755 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.36 to $140.35, 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 $140.36 to $141.35, 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 $141.36 to $142.35, 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 $142.37 to $143.20, 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 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.
Key Figures
Shares sold: 971 shares
RSUs exercised: 971 units
Sale prices: $139.8920–$142.6189/share
+2 more
5 metrics
Shares sold
971 shares
Total common shares sold in open-market transactions on May 20, 2026
RSUs exercised
971 units
Restricted stock units converted into common stock on May 20, 2026
Sale prices
$139.8920–$142.6189/share
Weighted average prices reported across four sale tranches
Post-transaction holdings
9,784 shares
Common stock held directly by Yvonne Wassenaar after transactions
Single sale tranche
329 shares at $140.8642/share
One of four reported open-market sale lines on May 20, 2026
Key Terms
Rule 10b5-1 trading plan, restricted stock unit, weighted average price, quarterly vest date
4 terms
Rule 10b5-1 trading plan financial
"The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025."
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.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.36 to $140.35, inclusive."
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.
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20."
FAQ
What did Arista Networks (ANET) director Yvonne Wassenaar report on this Form 4?
Director Yvonne Wassenaar reported an RSU vesting and related share sales. She converted 971 restricted stock units into 971 common shares, then sold those 971 shares in multiple open-market transactions on May 20, 2026, at disclosed weighted average prices.
What are the restricted stock units mentioned in Yvonne Wassenaar’s Arista Networks (ANET) filing?
The filing describes each restricted stock unit as a contingent right to receive one share of Arista Networks common stock upon vesting. RSUs were granted on May 30, 2025, with one-quarter vesting on August 20, 2025 and additional portions vesting on specified quarterly trading dates.