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Arista Networks (ANET) exec Duda reallocates 400K shares to family trusts

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

Rhea-AI Filing Summary

Arista Networks, Inc. President and CTO Kenneth Duda reported internal reallocations of Arista common stock among family-related entities. The filing shows three "J" code transactions labeled as other acquisitions or dispositions, moving a total of 400,000 shares at a reported price of $0.0000 per share.

Footnotes explain that 200,000 shares were contributed to annuity trusts for Duda and his spouse, with 100,000 shares transferred from a family trust to each GRAT. After these changes, indirect holdings include 802,147 shares in a GRAT of the reporting person, 802,147 shares in a GRAT of the reporting person’s spouse, 482,400 shares held by a 501(c) foundation, and 1,063,168 shares in a children’s trust, while 16,623 shares are held by a family trust and 12,976 shares are held directly.

Positive

  • None.

Negative

  • None.
Insider Duda Kenneth
Role President and CTO
Type Security Shares Price Value
Other Common Stock 100,000 $0.00 --
Other Common Stock 100,000 $0.00 --
Other Common Stock 200,000 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 802,147 shares (Indirect, By GRAT JD); Common Stock — 12,976 shares (Direct, null)
Footnotes (1)
  1. Represents 100,000 shares transferred from the Family Trust to the GRAT of the Reporting Person's Spouse. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Represents 100,000 shares transferred from the Family Trust to the GRAT of the Reporting Person. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. Represents an aggregate of 200,000 shares contributed to the GRAT of the Reporting Person (100,000 shares), and GRAT of the Reporting Person's spouse (100,000 shares). These shares are held by a family trust for which the reporting person is co-trustee. These shares are held in a trust for the benefit of a Child 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 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
Restructured shares 400,000 shares Aggregate restructuringShares in internal transfers
Contribution to GRATs 200,000 shares Aggregate contributed to GRAT of reporting person and spouse
Transfer to spouse GRAT 100,000 shares From Family Trust to GRAT of reporting person’s spouse
Transfer to Duda GRAT 100,000 shares From Family Trust to GRAT of reporting person
GRAT KD holdings 802,147 shares Indirect holdings by GRAT of reporting person
GRAT JD holdings 802,147 shares Indirect holdings by GRAT of reporting person’s spouse
Foundation holdings 482,400 shares Indirect holdings by 501(c) foundation
Children’s trust holdings 1,063,168 shares Indirect holdings in a children’s trust
GRAT financial
"Represents 100,000 shares transferred from the Family Trust to the GRAT of the Reporting Person."
Annuity Trusts financial
"Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts."
Family Trust financial
"These shares are held by a family trust for which the reporting person is co-trustee."
501(c) Foundation financial
"These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee."
disclaims beneficial ownership financial
"The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares."
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*
Duda Kenneth

(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
XOfficer (give title below)Other (specify below)
President and CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
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 Stock05/21/2026J(1)100,000A$0.0802,147IBy GRAT JD(2)
Common Stock05/21/2026J(3)100,000A$0.0802,147IBy GRAT KD(4)
Common Stock05/21/2026J(5)200,000D$0.016,623Iby Trust(6)
Common Stock12,976D
Common Stock1,063,168IBy Childrens' Trust(7)
Common Stock482,400IBy Foundation(8)
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
Explanation of Responses:
1. Represents 100,000 shares transferred from the Family Trust to the GRAT of the Reporting Person's Spouse.
2. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
3. Represents 100,000 shares transferred from the Family Trust to the GRAT of the Reporting Person.
4. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
5. Represents an aggregate of 200,000 shares contributed to the GRAT of the Reporting Person (100,000 shares), and GRAT of the Reporting Person's spouse (100,000 shares).
6. These shares are held by a family trust for which the reporting person is co-trustee.
7. These shares are held in a trust for the benefit of a Child 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.
8. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda05/26/2026
** 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)

FAQ

What did Arista Networks (ANET) insider Kenneth Duda report on this Form 4?

Kenneth Duda reported internal share reallocations among family trusts and GRATs totaling 400,000 Arista shares. These "J" code transactions were recorded at $0.0000 per share and did not involve open-market buying or selling activity.

How many Arista Networks shares were restructured in Duda’s reported transactions?

The filing shows restructuring transactions covering 400,000 Arista Networks common shares. Footnotes state that 200,000 shares were contributed to annuity trusts for Duda and his spouse, with 100,000 shares transferred from a family trust to each related GRAT.

What are GRAT KD and GRAT JD in the Arista Networks Form 4 filing?

GRAT KD and GRAT JD are grantor retained annuity trusts associated with Kenneth Duda and his spouse. After the reported internal transfers, each GRAT is shown holding 802,147 Arista Networks common shares as indirect ownership positions in the filing.

Does Kenneth Duda’s Arista Networks Form 4 show any stock sales or purchases?

The Form 4 does not show any open-market stock sales or purchases by Kenneth Duda. Instead, it records "J" code transactions categorized as other acquisitions or dispositions, reflecting internal transfers among family trusts, GRATs, a foundation, and related entities.

What direct Arista Networks share ownership does Kenneth Duda report?

The filing shows Kenneth Duda holding 12,976 Arista Networks common shares directly following the reported transactions. This direct position is separate from the larger indirect holdings reported through family trusts, GRATs, a foundation, and a children’s trust structure.