STOCK TITAN

Arista Networks (NYSE: ANET) director settles 971 RSUs into common stock

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

Rhea-AI Filing Summary

Arista Networks, Inc. director Daniel Scheinman reported the settlement of restricted stock units into common shares. On May 20, 2026, 971 RSUs converted into 971 shares of Arista common stock at a stated price of $0.00 per share, reflecting equity compensation rather than an open‑market purchase or sale.

After this RSU conversion, Scheinman directly holds 158,192 shares of Arista common stock. The RSUs were granted on May 30, 2025, with one‑quarter vesting on August 20, 2025 and additional portions vesting on the first trading day on or after February 20, May 20, August 20, and November 20 in subsequent periods.

Positive

  • None.

Negative

  • None.
Insider Scheinman Daniel
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 — 158,192 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 units Restricted Stock Unit-6 converted to common stock on May 20, 2026
Shares received 971 shares Common stock acquired via RSU conversion on May 20, 2026
Post-transaction holdings 158,192 shares Common stock directly held by Daniel Scheinman after the transaction
Exercise price $0.00 per share Stated price for RSU-to-share conversion
Grant date May 30, 2025 RSUs were originally granted on this date
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.
RSUs financial
"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."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security for this Form 4 entry."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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."
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*
Scheinman Daniel

(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)158,192D
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: Daniel Scheinman05/22/2026
** 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)

FAQ

What insider transaction did Daniel Scheinman report at Arista Networks (ANET)?

Director Daniel Scheinman reported an equity compensation event, where 971 restricted stock units converted into 971 shares of Arista Networks common stock. This reflects a derivative exercise, not an open-market stock purchase or sale.

How many Arista Networks (ANET) shares does Daniel Scheinman hold after this Form 4?

Following the RSU conversion, Daniel Scheinman directly holds 158,192 shares of Arista Networks common stock. This updated ownership figure comes from the post-transaction balance reported in the Form 4 filing for the May 20, 2026 event.

What was the size of the RSU conversion reported by Daniel Scheinman at Arista Networks (ANET)?

The filing shows 971 restricted stock units converting into 971 shares of Arista Networks common stock. The transaction used a stated price of $0.00 per share, consistent with RSUs that settle without cash payment by the insider.

When were Daniel Scheinman’s Arista Networks (ANET) RSUs granted and how do they vest?

Scheinman’s RSUs were granted on May 30, 2025. One-quarter vests on August 20, 2025, with additional installments vesting on the first market trading day on or after February 20, May 20, August 20, and November 20 in later periods.

Does Daniel Scheinman’s Arista Networks (ANET) Form 4 show any stock sales?

The Form 4 reports an exercise or conversion of derivative securities, specifically RSUs, into 971 common shares and shows no open-market sales. Transaction coding and share counts indicate an acquisition-type event rather than a disposal.