Arista Networks (ANET) director converts 807 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks director Robert G. Lavender exercised restricted stock units into common shares. On May 20, 2026, he converted 807 restricted stock units into 807 shares of Arista Networks, Inc. common stock through a derivative exercise.
Following this routine vesting-related transaction, Lavender directly holds 4,069 shares of common stock. The footnotes explain that each restricted stock unit represents a contingent right to receive one share upon vesting and that these RSUs were part of a March 14, 2025 grant that vests in quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
807 shares exercised/converted
Mixed
2 txns
Insider
Lavender Robert G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-2 | 807 | $0.00 | -- |
| Exercise | Common Stock | 807 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit-2 — 0 shares (Direct, null);
Common Stock — 4,069 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 sum of the shares reflects a rounded whole number of shares held. The actual number includes a fractional share of stock. The reporting person was granted RSUs on March 14, 2025. 1/4th of the shares vested 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
RSUs exercised: 807 shares
Shares held after transaction: 4,069 shares
Exercise transactions: 1 transaction
+1 more
4 metrics
RSUs exercised
807 shares
Restricted stock units converted to common stock on May 20, 2026
Shares held after transaction
4,069 shares
Director Robert G. Lavender direct common stock holdings post-exercise
Exercise transactions
1 transaction
Exercise or conversion of derivative security reported in Form 4
Exercise price per RSU
$0.0000 per unit
Stated conversion price for restricted stock units
Key Terms
Restricted Stock Unit, contingent right, quarterly vest date, derivative exercise/conversion
4 terms
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting."
quarterly vest date financial
"1/4th of the shares vested on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion"
FAQ
What insider transaction did Arista Networks (ANET) director Robert G. Lavender report?
Robert G. Lavender reported exercising 807 restricted stock units into 807 shares of Arista Networks common stock. This was a derivative exercise, not an open-market purchase or sale, and reflects scheduled equity compensation vesting rather than a discretionary trade in the market.
What type of securities were involved in Robert G. Lavender’s Arista Networks (ANET) Form 4?
The filing involves restricted stock units that converted into common stock. Specifically, 807 restricted stock units, each representing a contingent right to one common share upon vesting, were exercised into 807 shares of Arista Networks, Inc. common stock at a stated price of $0.0000 per unit.
Is Robert G. Lavender’s Arista Networks (ANET) Form 4 a stock sale or purchase?
The Form 4 does not show a market sale or purchase; it reports a derivative exercise. Lavender converted 807 restricted stock units into 807 common shares as part of an equity award vesting schedule, with no open-market buying or selling activity disclosed in this transaction.
How do Robert G. Lavender’s Arista Networks (ANET) restricted stock units vest?
Lavender’s restricted stock units were granted on March 14, 2025. According to the footnotes, one-quarter vested on August 20, 2025 and the remaining units continue to vest at the same rate on each quarterly vest date, tied to specific February, May, August, and November trading days.