ANET director updates holdings after 971 RSUs convert to shares
Rhea-AI Filing Summary
Arista Networks (ANET) director equity transaction: Director Charles Giancarlo reported the vesting and settlement of 971 restricted stock units into 971 shares of Arista Networks common stock on 11/20/2025, at an exercise price of $0.0. After this transaction, he beneficially owned 221,578 shares directly and 33,784 shares indirectly through a family trust where he is co-trustee. The RSUs were granted on May 30, 2025, with one quarter of the award vesting on August 20, 2025 and the remaining shares continuing to vest on each quarterly vest date, defined as the first market trading day on or after February 20, May 20, August 20, or November 20.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-6 | 971 | $0.00 | -- |
| Exercise | Common Stock | 971 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. These shares are held by a family trust for which the reporting person is co-trustee. 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.
FAQ
What did Arista Networks (ANET) report in this Form 4 filing?
The filing reports that director Charles Giancarlo had 971 restricted stock units convert into 971 shares of Arista Networks common stock on 11/20/2025.
What are the terms of the RSU grant reported for ANET?
The director was granted RSUs on May 30, 2025. One quarter of the shares vested on August 20, 2025, and the remaining shares continue to vest on each quarterly vest date.
How are quarterly vest dates defined for these Arista Networks RSUs?
Quarterly vest dates are defined as the first market trading day on or after February 20, May 20, August 20, or November 20.
What does each Arista Networks RSU represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of Arista Networks common stock upon vesting.
How many derivative securities remain after the RSU transaction?
After the reported transaction, the director held 1,942 derivative securities in the form of restricted stock units.