Arista Networks (NYSE: ANET) CEO sells 112,812 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 112,812 shares ($16,934,672)
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)
Footnotes (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. 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. 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. 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. 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
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.