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

Rhea-AI Filing Summary

Arista Networks, Inc. director Lewis Chew reported an automatic conversion of restricted stock units into common shares. On February 20, 2026, 971 RSUs converted into 971 shares of common stock at a price of $0.0000 per share through a derivative exercise.

After this transaction, Chew directly held 30,261 shares of Arista Networks common stock. The RSUs were originally granted on May 30, 2025, with one quarter vesting on August 20, 2025 and additional portions vesting on quarterly dates tied to February 20, May 20, August 20, and November 20.

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^*

CHEW LEWIS

(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)	30,261	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-5	$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: Lewis Chew	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 Lewis Chew report?

Lewis Chew reported an acquisition of Arista Networks shares through RSU conversion. On February 20, 2026, 971 restricted stock units automatically converted into 971 shares of common stock at $0.0000 per share, increasing his directly held common stock position to 30,261 shares.

How many Arista Networks (ANET) shares does Lewis Chew hold after this Form 4?

After the reported RSU conversion, Lewis Chew directly holds 30,261 Arista Networks common shares. This total reflects the addition of 971 shares received on February 20, 2026 when his restricted stock units converted into common stock at a stated price of $0.0000 per share.

What was the size and price of Lewis Chew’s RSU conversion in Arista Networks (ANET)?

Lewis Chew’s RSU conversion involved 971 shares of Arista Networks common stock. These shares were issued on February 20, 2026 at a transaction price of $0.0000 per share, reflecting the standard settlement of previously granted restricted stock units rather than an open-market purchase.

When were the Arista Networks (ANET) RSUs granted that Lewis Chew reported vesting?

The restricted stock units were granted to Lewis Chew on May 30, 2025. One quarter of this award vested on August 20, 2025, with additional portions scheduled to vest on quarterly vest dates tied to February 20, May 20, August 20, and November 20 each year.

How do Lewis Chew’s Arista Networks (ANET) RSUs vest over time?

Lewis Chew’s RSUs vest in quarterly installments. One quarter of the shares vested on August 20, 2025, and the remaining portions continue vesting on the first market trading day on or after February 20, May 20, August 20, or November 20, according to the grant’s vesting schedule.

Was Lewis Chew’s Arista Networks (ANET) transaction a market purchase or sale?

The transaction was not a market purchase or sale but an RSU conversion. Code “M” on the Form 4 indicates an exercise or conversion of a derivative security, where 971 restricted stock units settled into 971 Arista Networks common shares at a recorded price of $0.0000 per share.