Arista CEO sells 112,812 shares near $150

Arista Networks, Inc. CEO and Chairperson Jayshree Ullal reported an open-market sale of 112,812 shares of Arista common stock on April 13, 2026, at a weighted average price of $150.1141 per share.

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Rhea-AI Filing Summary

Arista Networks, Inc. CEO and Chairperson Jayshree Ullal reported an open-market sale of 112,812 shares of Arista common stock on April 13, 2026, at a weighted average price of $150.1141 per share. The transactions were executed under a Rule 10b5-1 trading plan adopted on November 14, 2025, meaning they were pre-scheduled rather than discretionary.

Following the sale, Ullal directly holds 9,917 shares of Arista common stock. She is also reported as trustee or co-trustee for several trusts, including 5,383,207 shares held in trusts for her children, 30,000 shares in a trust for a nephew, 30,000 shares in a trust for a niece, and 18,312,010 shares in a family trust. She shares voting and investment control and disclaims beneficial ownership of the child and relative trusts.

Insider Trade Summary 10b5-1

Net Seller: 112,812 shares

Net Sell 6 txns

Insider Ullal Jayshree

Role CEO and Chairperson

Sold 112,812 shs ($16.93M)

Type	Security	Shares	Price	Value
Sale	Common Stock	112,812	$150.1141	$16.93M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 9,917 shares (Direct); Common Stock — 5,383,207 shares (Indirect, By Trust for Child 1); Common Stock — 5,383,207 shares (Indirect, By Trust for Child 2); Common Stock — 30,000 shares (Indirect, By Trust for Nephew); Common Stock — 30,000 shares (Indirect, By Trust for Niece); Common Stock — 18,312,010 shares (Indirect, by Trust)

Footnotes (5)

F1. The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.36, 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. These shares are held in trust 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.
F4. These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
F5. These shares are held by a family trust for which the reporting person is co-trustee.

Key Figures

Shares sold: 112,812 shares Weighted average sale price: $150.1141 per share Direct holdings after transaction: 9,917 shares +4 more

7 metrics

Shares sold 112,812 shares Open-market sale on April 13, 2026

Weighted average sale price $150.1141 per share Open-market sale on April 13, 2026

Direct holdings after transaction 9,917 shares Common stock directly owned following April 13, 2026 sale

Children’s trust holdings 5,383,207 shares Held in trusts for children; Ullal as trustee, beneficial ownership disclaimed

Family trust holdings 18,312,010 shares Held by a family trust with Ullal as co-trustee

Relative trusts holdings 30,000 + 30,000 shares Trusts for a nephew and a niece; Ullal as co-trustee, beneficial ownership disclaimed

Transaction date April 13, 2026 Date of reported open-market sale

Key Terms

Rule 10b5-1 trading plan, weighted average price, beneficial ownership, co-trustee, +1 more

5 terms

Rule 10b5-1 trading plan financial

"The exercises and/or sales reported on this Form 4 were made 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.

beneficial ownership financial

"The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares."

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.

co-trustee financial

"These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee."

indirect ownership financial

"direct_or_indirect": "I","nature_of_ownership": "By Trust for Child 1""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ANET CEO Jayshree Ullal report?

Arista Networks CEO Jayshree Ullal reported selling 112,812 shares of common stock in an open-market transaction. The weighted average sale price was $150.1141 per share, and the transaction date was April 13, 2026, according to the Form 4 filing.

Was the ANET insider sale by Jayshree Ullal part of a trading plan?

Yes. The Form 4 states the sale was made under a Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans pre-schedule trades, indicating the timing of this sale was arranged in advance rather than being a discretionary market-timing decision.

How many Arista Networks shares does Jayshree Ullal hold directly after the sale?

After the reported transaction, Jayshree Ullal directly holds 9,917 shares of Arista Networks common stock. This direct holding figure is disclosed in the Form 4 as the total number of shares beneficially owned directly following the April 13, 2026 sale.

What indirect ANET shareholdings are reported for Jayshree Ullal in trusts?

The filing lists several indirect holdings: 5,383,207 shares in trusts for her children, 30,000 shares in a trust for a nephew, 30,000 shares in a trust for a niece, and 18,312,010 shares in a family trust, where she serves as trustee or co-trustee.

Does Jayshree Ullal disclaim beneficial ownership of some ANET trust shares?

Yes. For trusts benefiting her children and other relatives, Ullal shares voting and investment control but disclaims beneficial ownership. This means she reports the positions due to her trustee role, while indicating they are primarily for the beneficiaries’ economic benefit.

At what prices were the ANET shares sold in the CEO’s reported transaction?

The Form 4 reports a weighted average sale price of $150.1141 per share. A footnote explains the 112,812 shares were sold in multiple trades with individual prices ranging from $150.00 to $150.36, and full trade details are available on request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/15/2026 - 06:50 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ullal Jayshree

(Last)

(First)

(Middle)

5453 GREAT AMERICA PARKWAY

(Street)

SANTA CLARA

CALIFORNIA

95054

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO and Chairperson

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/13/2026		S⁽¹⁾		112,812	D	$150.1141⁽²⁾	9,917	D
Common Stock								5,383,207	I	By Trust for Child 1⁽³⁾
Common Stock								5,383,207	I	By Trust for Child 2⁽³⁾
Common Stock								30,000	I	By Trust for Nephew⁽⁴⁾
Common Stock								30,000	I	By Trust for Niece⁽⁴⁾
Common Stock								18,312,010	I	by Trust⁽⁵⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.36, 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.

3. These shares are held in trust 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.

4. These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.

5. These shares are held by a family trust for which the reporting person is co-trustee.

	By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal	04/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR