Family trust of Arista Networks (ANET) director sells 8,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks, Inc. director Charles H. Giancarlo reported a series of open-market sales of 8,000 shares of common stock on June 1, 2026 by a family trust for which he is co-trustee. The shares were sold at weighted average prices within ranges from $162.08 to $172.28 per share under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he reports holding 971 shares directly and 208,031 shares indirectly through the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares ($1,352,728)
Net Sell
10 txns
Insider
Giancarlo Charles H
Role
null
Sold
8,000 shs ($1.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 302 | $162.2778 | $49K |
| Sale | Common Stock | 52 | $164.484 | $9K |
| Sale | Common Stock | 81 | $165.8915 | $13K |
| Sale | Common Stock | 916 | $166.7576 | $153K |
| Sale | Common Stock | 1,467 | $167.6968 | $246K |
| Sale | Common Stock | 1,271 | $168.9189 | $215K |
| Sale | Common Stock | 1,092 | $169.7858 | $185K |
| Sale | Common Stock | 1,413 | $170.8665 | $241K |
| Sale | Common Stock | 1,406 | $171.7154 | $241K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 208,031 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 $162.08 to $163.00, 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 $164.00 to $164.99, 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 $165.29 to $166.25, 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 $166.29 to $167.26, 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 $167.30 to $168.26, 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 $168.31 to $169.30, 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 $169.32 to $170.31, 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 $170.32 to $171.31, 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 $171.32 to $172.28, 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
Price range: $162.08–$172.28 per share
Direct holdings after: 971 shares
+3 more
6 metrics
Shares sold
8,000 shares
Open-market sales on June 1, 2026
Price range
$162.08–$172.28 per share
Weighted average prices across multiple trades
Direct holdings after
971 shares
Common stock held directly after transactions
Indirect holdings after
208,031 shares
Common stock held indirectly by family trust after trades
Largest reported average price
$171.7154 per share
One of the weighted average sale prices
Smallest reported average price
$162.2778 per share
One of the weighted average sale prices
Key Terms
Rule 10b5-1 trading plan, weighted average price, family trust, open-market sale
4 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.
family trust financial
"These shares are held by a family trust for which the reporting person is co-trustee"
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.
FAQ
What did Arista Networks (ANET) director Charles H. Giancarlo report on this Form 4?
He reported that a family trust associated with him sold 8,000 shares of Arista Networks common stock on June 1, 2026. These were open-market sales executed under a pre-arranged Rule 10b5-1 trading plan rather than spontaneous trades.
Was the Arista Networks (ANET) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan entered into on June 12, 2025. Such plans pre-schedule trades, meaning the timing of these sales was determined in advance rather than decided opportunistically.