Arista Networks (NYSE: ANET) director now holds 158,730 shares
Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) director Daniel Scheinman reported vesting of restricted stock units and the related issuance of common shares. On August 20, 2026, 538 RSUs converted into 538 shares of Common Stock, leaving 1,615 RSUs outstanding and increasing his directly held common shares to 158,730. The RSUs were granted on May 29, 2026, with one-quarter vesting on August 20, 2026 and additional tranches vesting on future quarterly vest dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 538 shares
Net Buy
2 txns
Insider
Scheinman Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-7 F1, F2 | 538 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 538 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit-7 — 1,615 shares (Direct);
Common Stock — 158,730 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- F2. The reporting person was granted RSUs on May 29, 2026. 1/4th of the shares vest on August 20, 2026 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
RSUs converted: 538 shares
Common Stock after transaction: 158,730 shares
RSUs remaining: 1,615 units
+2 more
5 metrics
RSUs converted
538 shares
Restricted Stock Units converted into Common Stock on August 20, 2026
Common Stock after transaction
158,730 shares
Directly held by Daniel Scheinman following the August 20, 2026 conversion
RSUs remaining
1,615 units
Restricted Stock Units reported following the August 20, 2026 vesting event
RSU vesting on event date
1/4 of granted RSUs
Portion of RSUs vesting on August 20, 2026 from the May 29, 2026 grant
RSU grant date
May 29, 2026
Grant date for the Restricted Stock Units that began vesting August 20, 2026
Key Terms
Restricted Stock Unit, quarterly vest date, Exercise or conversion of derivative security
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transaction did ANET director Daniel Scheinman report on August 20, 2026?
He reported the vesting and conversion of 538 Restricted Stock Units into 538 shares of Arista Networks, Inc. Common Stock on August 20, 2026, as part of a scheduled RSU vesting.
How many Restricted Stock Units remain for Daniel Scheinman after the August 20, 2026 vesting at ANET?
After 538 RSUs vested on August 20, 2026, the filing reports that 1,615 Restricted Stock Units remain outstanding for Daniel Scheinman.
What is the vesting schedule of Daniel Scheinman’s RSUs at Arista Networks (ANET)?
The RSUs were granted on May 29, 2026. One-quarter of the shares vest on August 20, 2026, and the remaining RSUs continue to vest at the same rate on each quarterly vest date thereafter.
How are quarterly vest dates defined for Daniel Scheinman’s RSUs at ANET?
A quarterly vest date is defined as the first market trading day on or after February 20, May 20, August 20, or November 20, according to the RSU footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.