Arista Networks (ANET) director acquires 971 shares through RSU conversion

Rhea-AI Filing Summary

Arista Networks, Inc. director Kelly Bodnar Battles reported acquiring shares through the vesting of restricted stock units. On February 20, 2026, 971 restricted stock units were converted into 971 shares of common stock at a price of $0.00 per share as part of an equity award.

Following this derivative exercise, her directly held common stock position increased to 9,951 shares. Each restricted stock unit represents a contingent right to receive one share of Arista Networks common stock upon vesting, with these units granted on May 30, 2025 under a quarterly vesting schedule.

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

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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 CA 95054

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		M		971	A	$0.0(1)	9,951	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit-6	$0.0(1)	02/20/2026		M			971	(2)	(2)	Common Stock	971	$0.0	971	D

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 Battles	02/24/2026
	** 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.
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FAQ

What insider transaction did Arista Networks (ANET) director Kelly Bodnar Battles report?

Kelly Bodnar Battles reported an acquisition of shares through RSU vesting. On February 20, 2026, 971 restricted stock units were exercised and converted into 971 shares of Arista Networks common stock at $0.00 per share under an existing equity grant.

How many Arista Networks (ANET) shares does Kelly Bodnar Battles own after this Form 4?

After the reported transactions, Kelly Bodnar Battles directly holds 9,951 shares of Arista Networks common stock. This reflects the addition of 971 shares received on February 20, 2026 from the exercise and conversion of vested restricted stock units granted earlier.

What type of securities were involved in Kelly Bodnar Battles’ Arista Networks (ANET) Form 4?

The filing shows a derivative security, restricted stock units, and the corresponding non-derivative common stock. On February 20, 2026, 971 restricted stock units were exercised or converted, resulting in 971 new common shares of Arista Networks being issued to the reporting person directly.

How do Kelly Bodnar Battles’ Arista Networks (ANET) restricted stock units vest?

The RSUs were granted on May 30, 2025 and vest quarterly. One-quarter of the shares vests on August 20, 2025, with additional portions vesting on the first market trading day on or after February 20, May 20, August 20, or November 20 each year.

Was the Arista Networks (ANET) insider transaction a market buy or sell?

The transaction was an exercise or conversion of restricted stock units, not an open-market trade. 971 RSUs were converted into 971 common shares at $0.00 per share on February 20, 2026 as part of a previously granted equity compensation award.