Arista Networks director Templeton sells 5,000 shares
A director of Arista Networks, Inc. sold 5,000 common shares under a pre-arranged Rule 10b5-1 plan and reports 75,200 shares held indirectly in a spouse-trust.
Rhea-AI Filing Summary
Arista Networks, Inc. director Mark B. Templeton reported open‑market sales of 5,000 shares of common stock on September 8, 2026, in several tranches at weighted average prices around the high‑$190s per share. The sales were made under a Rule 10b5‑1 trading plan adopted on June 9, 2026. In addition, 75,200 shares of Arista stock are reported as held indirectly in a trust for which his spouse serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
6 txns
Insider
TEMPLETON MARK B
Role
Director
Sold
5,000 shs ($986K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,300 | $195.2692 | $254K |
| Sale | Common Stock F1, F3 | 700 | $196.1986 | $137K |
| Sale | Common Stock F1, F4 | 1,000 | $197.4598 | $197K |
| Sale | Common Stock F1, F5 | 1,700 | $198.4376 | $337K |
| Sale | Common Stock F1, F6 | 300 | $199.3167 | $60K |
| holding | Common Stock F7 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,410 shares (Direct);
Common Stock — 75,200 shares (Indirect, by Spouse)
Footnotes (7)
- F1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 9, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.81 to $195.67, 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.81 to $196.70, 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.01 to $197.97, 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.03 to $198.96, 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.21 to $199.38, 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.
- F7. These shares are held in a trust for which the reporting person's spouse serves as trustee.
Key Figures
Shares sold: 5,000 shares
Weighted average sale price (tranche 1): $195.27 per share
Weighted average sale price (tranche 2): $196.20 per share
+4 more
7 metrics
Shares sold
5,000 shares
Total Arista Networks common shares sold by Mark B. Templeton on September 8, 2026
Weighted average sale price (tranche 1)
$195.27 per share
Sale of 1,300 shares on September 8, 2026, with individual trades from $194.81 to $195.67
Weighted average sale price (tranche 2)
$196.20 per share
Sale of 700 shares on September 8, 2026, with individual trades from $195.81 to $196.70
Weighted average sale price (tranche 3)
$197.46 per share
Sale of 1,000 shares on September 8, 2026, with individual trades from $197.01 to $197.97
Weighted average sale price (tranche 4)
$198.44 per share
Sale of 1,700 shares on September 8, 2026, with individual trades from $198.03 to $198.96
Weighted average sale price (tranche 5)
$199.32 per share
Sale of 300 shares on September 8, 2026, with individual trades from $199.21 to $199.38
Indirectly held shares
75,200 shares
Shares held in a trust for which the reporting person’s spouse serves as trustee
Key Terms
Rule 10b5-1 trading plan, weighted average price, trustee
3 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 9, 2026."
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.
trustee financial
"These shares are held in a trust for which the reporting person's spouse serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did Arista Networks (ANET) disclose for Mark B. Templeton?
Arista Networks disclosed that director Mark B. Templeton sold 5,000 shares of ANET common stock on September 8, 2026, through multiple open‑market transactions at weighted average prices in the high‑$190s per share, executed under a Rule 10b5‑1 trading plan.
Was the ANET insider sale by Mark B. Templeton made under a Rule 10b5-1 plan?
Yes. A footnote states that the sale of shares was effected pursuant to a Rule 10b5‑1 trading plan entered into by Mark B. Templeton on June 9, 2026, indicating the trades were pre‑arranged under that plan.
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