Arista Networks (ANET) COO logs RSU vesting and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks President and COO Todd Nightingale reported equity transactions tied to a performance-based stock award. He received 10,360 restricted stock units, each representing one share of common stock upon vesting. These units, granted in the second quarter of 2025, were earned based on specified performance conditions and vested on February 20, 2026.
Upon vesting, the restricted stock units were converted into 10,360 shares of common stock. Of these, 4,232 shares of common stock, valued at $137.23 per share, were disposed of to satisfy tax withholding obligations associated with the vesting. After these transactions, Nightingale directly held 6,128 shares of Arista Networks common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,360 shares exercised/converted
Mixed
4 txns
Insider
Nightingale Todd
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit-3 | 10,360 | $0.00 | -- |
| Exercise | Restricted Stock Unit-3 | 10,360 | $0.00 | -- |
| Exercise | Common Stock | 10,360 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,232 | $137.23 | $581K |
Holdings After Transaction:
Restricted Stock Unit-3 — 10,360 shares (Direct);
Common Stock — 10,360 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. This performance stock award was granted in the second quarter of 2025 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2026.
FAQ
What equity award did Arista Networks (ANET) President and COO Todd Nightingale receive?
Todd Nightingale received 10,360 restricted stock units, each representing a right to one share of Arista Networks common stock upon vesting. The award was a performance stock grant earned based on achieving specified performance conditions and vested on February 20, 2026.
What performance conditions applied to Todd Nightingale’s Arista Networks restricted stock units?
The filing states the performance stock award was granted in the second quarter of 2025 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2026, after those conditions were met, resulting in issuance of common shares.