Arista’s Kenneth Duda shifts 57K shares to trust
Arista Networks’ President and CTO restructured various trust and foundation holdings in ANET stock through internal transfers, with no open-market buying or selling reported.
Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) insider Kenneth Duda, President and CTO, reported non-market restructurings of indirect holdings in Common Stock on September 10, 2026. Two grantor retained annuity trusts each transferred 28,616 shares to a family living trust, and an aggregate 57,232 shares moved into a family trust for which he is co-trustee; all are coded as other acquisitions or dispositions at a stated price of $0.00 per share. The filing also reports post-transaction indirect positions, including 1,186,918 shares held in multiple children’s trusts (with beneficial ownership disclaimed) and 452,400 shares held by a 501(c) foundation, as well as 12,976 shares held directly. No Rule 10b5‑1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 114,464 shares
Other
6 txns
Insider
Duda Kenneth
Role
President and CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 28,616 | $0.00 | $0.00 |
| Other | Common Stock F3, F4 | 28,616 | $0.00 | $0.00 |
| Other | Common Stock F5, F6 | 57,232 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 692,104 shares (Indirect, By GRAT JD);
Common Stock — 690,621 shares (Indirect, By GRAT KD);
Common Stock — 81,927 shares (Indirect, by Trust);
Common Stock — 12,976 shares (Direct);
Common Stock — 1,186,918 shares (Indirect, By Childrens' Trust);
Common Stock — 452,400 shares (Indirect, By Foundation)
Footnotes (8)
- F1. Represents 28,616 shares from the Jennifer Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust.
- F2. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
- F3. Represents 28,616 shares from the Kenneth Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust.
- F4. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
- F5. Represents an aggregate of 57,232 shares transferred by the GRAT of the reporting person (28,616) and the GRAT of the reporting person's spouse (28,616) to the Family Trust.
- F6. These shares are held by a family trust for which the reporting person is co-trustee.
- F7. These shares are held in multiple trusts for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
- F8. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
Key Figures
Shares transferred from Jennifer Duda Annuity Trust: 28,616 shares
Shares transferred from Kenneth Duda Annuity Trust: 28,616 shares
Aggregate shares moved to Family Trust: 57,232 shares
+5 more
8 metrics
Shares transferred from Jennifer Duda Annuity Trust
28,616 shares
Non-derivative J-code disposition on September 10, 2026 from Jennifer Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust
Shares transferred from Kenneth Duda Annuity Trust
28,616 shares
Non-derivative J-code disposition on September 10, 2026 from Kenneth Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust
Aggregate shares moved to Family Trust
57,232 shares
Non-derivative J-code acquisition on September 10, 2026 by a family trust for which he is co‑trustee
Indirect holdings by GRAT JD after transaction
692,104 shares
Post-transaction balance held indirectly "By GRAT JD" as of September 10, 2026
Indirect holdings by GRAT KD after transaction
690,621 shares
Post-transaction balance held indirectly "By GRAT KD" as of September 10, 2026
Indirect holdings by Children’s Trusts
1,186,918 shares
Held in multiple trusts for the benefit of his children; beneficial ownership disclaimed
Indirect holdings by Foundation
452,400 shares
Held by a 501(c) foundation for which he and his spouse are co‑trustees
Direct holdings after transactions
12,976 shares
Directly held Common Stock as of September 10, 2026
Key Terms
grantor retained annuity trust, Annuity Trust, Family Trust, beneficial ownership, +1 more
5 terms
grantor retained annuity trust financial
"Represents an aggregate of 57,232 shares transferred by the GRAT of the reporting person"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Annuity Trust financial
"Represents 28,616 shares from the Jennifer Duda Annuity Trust to the Kenneth and"
Family Trust financial
"shares transferred by the GRAT of the reporting person (28,616) and the GRAT of"
beneficial ownership financial
"the reporting person shares voting and investment control over the shares but disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
501(c) Foundation financial
"These shares are held by a 501(c) Foundation for which the reporting person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Arista Networks (ANET) insider Kenneth Duda report in this Form 4?
He reported internal restructurings of indirect holdings in Common Stock on September 10, 2026, including transfers among grantor retained annuity trusts, a living trust, and a family trust, with a stated price of $0.00 per share and no open-market trades.
Does this ANET Form 4 indicate trades under a Rule 10b5-1 plan?
No. The Rule 10b5‑1 checkbox is unchecked, and the footnotes do not describe any transactions as being made pursuant to a Rule 10b5‑1 trading plan; the reported activity reflects internal transfers among trusts and related entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
