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Arista Networks (ANET) director converts 971 RSUs, now holding 10,500 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Arista Networks, Inc. director Kelly Bodnar Battles exercised restricted stock units that converted into 971 shares of Common Stock on May 20, 2026. These shares came from a previously granted RSU award that vests quarterly. After this transaction, Battles directly holds 10,500 shares of Common Stock.

Positive

  • None.

Negative

  • None.
Insider Battles Kelly Bodnar
Role null
Type Security Shares Price Value
Exercise Restricted Stock Unit-6 971 $0.00 --
Exercise Common Stock 971 $0.00 --
Holdings After Transaction: Restricted Stock Unit-6 — 0 shares (Direct, null); Common Stock — 10,500 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest 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.
RSUs converted 971 shares Restricted Stock Units converted to Common Stock on May 20, 2026
Shares held after 10,500 shares Common Stock directly held by Battles after the transaction
RSU grant date May 30, 2025 Original grant date of the restricted stock units
Initial vest date August 20, 2025 One-quarter of RSU shares vest on this date
Quarterly vest schedule Four dates per year First trading day on or after Feb 20, May 20, Aug 20, Nov 20
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."
vest financial
"1/4th of the shares vest on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Battles Kelly Bodnar
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026M971A$0.0(1)10,500D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit-6$0.0(1)05/20/2026M971 (2) (2)Common Stock971$0.00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
2. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest 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.
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kelly Battles05/22/2026
** Signature of Reporting PersonDate
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

FAQ

What did Arista Networks (ANET) director Kelly Bodnar Battles report in this Form 4?

Kelly Bodnar Battles reported exercising restricted stock units into 971 shares of Arista Networks Common Stock. The transaction occurred on May 20, 2026, and reflects conversion of a prior RSU grant rather than an open-market stock purchase or sale.

How many Arista Networks (ANET) shares does Kelly Bodnar Battles hold after this transaction?

After the May 20, 2026 RSU conversion, Kelly Bodnar Battles directly holds 10,500 shares of Arista Networks Common Stock. This total includes the 971 shares received from the exercised restricted stock units reported in this Form 4 filing.

What type of security did Kelly Bodnar Battles convert in the Arista Networks (ANET) Form 4?

The filing shows a conversion of Restricted Stock Units into 971 shares of Arista Networks Common Stock. Each restricted stock unit represents a contingent right to receive one share of Common Stock when the unit vests under the award’s terms.

When were the Arista Networks (ANET) RSUs that vested for Kelly Bodnar Battles originally granted?

The restricted stock units were granted on May 30, 2025. One quarter of the shares vest on August 20, 2025, with additional portions vesting on subsequent quarterly vest dates tied to specific February, May, August, and November trading days.

How do the Arista Networks (ANET) RSUs for Kelly Bodnar Battles vest over time?

One quarter of the RSU shares vests on August 20, 2025, and remaining portions continue vesting on each quarterly vest date. Quarterly vest dates are the first market trading day on or after February 20, May 20, August 20, or November 20.