Arista Networks (ANET) director adds 971 shares through RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
971 shares exercised/converted
Mixed
2 txns
Insider
CHEW LEWIS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-5 | 971 | $0.00 | -- |
| Exercise | Common Stock | 971 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit-5 — 971 shares (Direct);
Common Stock — 30,261 shares (Direct)
Footnotes (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.
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.
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.