Arista Networks (NYSE: ANET) CFO has 65,504 and 17,550 RSUs still vesting
Rhea-AI Filing Summary
Arista Networks, Inc. (ANET) reported that Senior Vice President and CFO Chantelle Yvette Breithaupt had restricted stock units vest on August 20, 2026, converting 10,920 and 1,350 RSUs into an equal number of common shares at a $0.00 exercise price. In connection with this vesting, 6,145 common shares were withheld at $186.45 per share to satisfy tax withholding obligations. After these events, she continues to hold 65,504 and 17,550 RSUs from the two awards, which vest in specified quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,125 shares
Net Buy
5 txns
Insider
Breithaupt Chantelle Yvette
Role
Senior Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-1 F1, F3 | 10,920 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit-2 F1, F4 | 1,350 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,920 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,350 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 6,145 | $186.45 | $1.15M |
Holdings After Transaction:
Restricted Stock Unit-1 — 65,504 shares (Direct);
Restricted Stock Unit-2 — 17,550 shares (Direct);
Common Stock — 70,533 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- F2. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F3. Twenty five percent (25%) of the restricted stock units awarded vested on Feb 20, 2025 and will continue to vest at a rate of six and one-quarter percent (6.25%) each quarter 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 of each year.
- F4. Six and one-quarter percent (6.25%) of the restricted stock units awarded vest on February 20, 2026 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, and November 20 of each year.
Key Figures
RSUs converted to common stock (award 1): 10,920 shares
RSUs converted to common stock (award 2): 1,350 shares
Shares withheld for tax obligations: 6,145 shares
+5 more
8 metrics
RSUs converted to common stock (award 1)
10,920 shares
RSUs converted to Arista Networks common stock on August 20, 2026
RSUs converted to common stock (award 2)
1,350 shares
RSUs converted to Arista Networks common stock on August 20, 2026
Shares withheld for tax obligations
6,145 shares
Shares withheld upon RSU vesting on August 20, 2026
Withholding price per share
$186.45 per share
Price used for shares withheld to satisfy tax withholding obligations
Remaining RSUs in award 1
65,504 units
RSUs remaining after August 20, 2026 vesting, vesting quarterly
Remaining RSUs in award 2
17,550 units
RSUs remaining after August 20, 2026 vesting, vesting quarterly
Quarterly vesting rate
6.25%
Portion of RSU awards vesting on each quarterly vest date
Initial vesting tranche (award 1)
25%
Portion of RSUs that vested on February 20, 2025
Key Terms
restricted stock unit, tax withholding obligations, quarterly vest date, vest
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations on the vesting"
quarterly vest date financial
"A quarterly vest date is the first market trading day on or after February 20"
vest financial
"restricted stock units awarded vested on Feb 20, 2025 and will continue to vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did ANET CFO Chantelle Breithaupt report on August 20, 2026?
She reported vesting of restricted stock units that converted 10,920 and 1,350 RSUs into an equal number of Arista Networks (ANET) common shares at an exercise price of $0.00 per share.
How many restricted stock units does the ANET CFO still hold after these transactions?
After the August 20, 2026 vesting, she continues to hold 65,504 RSUs from one award and 17,550 RSUs from another award, both scheduled to vest in quarterly installments.
What is the vesting schedule for the ANET restricted stock units reported?
For one award, 25% vested on February 20, 2025, with 6.25% vesting each quarterly vest date thereafter. For the other, 6.25% vests on February 20, 2026 and continues at that rate on each quarterly vest date.
What is a quarterly vest date in Arista Networks (ANET) RSU awards?
A quarterly vest date is defined as the first market trading day on or after February 20, May 20, August 20, or November 20 of each year, which governs when portions of the RSU awards vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
