Arista Networks (NYSE: ANET) CTO Kenneth Duda files Form 4 on trust share transfers
Rhea-AI Filing Summary
Arista Networks (ANET) executive Kenneth Duda, who serves as President, CTO and director, reported several internal transfers of Arista common stock on 12/03/2025. The Form 4 shows a transaction code "J," indicating non-market, non-open-market transfers.
The filing discloses 75,000 shares moved from the spouse’s GRAT to a family trust and 75,000 shares moved from Duda’s own GRAT to the same family trust, all at a reported price of $0.0 per share. It also notes an aggregate contribution of 150,000 shares to GRATs for Duda and his spouse. After these transactions, Duda reports indirect beneficial ownership of Arista stock through multiple vehicles, including annuity trusts, a family trust, a children’s trust, and a 501(c) foundation, and he disclaims beneficial ownership of shares held for a child’s benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 75,000 | $0.00 | -- |
| Other | Common Stock | 75,000 | $0.00 | -- |
| Other | Common Stock | 150,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents 75,000 shares transferred to the Family Trust from the GRAT of the Reporting Person's spouse. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Represents 75,000 shares transferred to the Family Trust from the GRAT of the Reporting Person. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. Represents an aggregate of 150,000 shares contributed to the GRAT of the Reporting Person (75,000 shares), and GRAT of the Reporting Person's spouse (75,000 shares) These shares are held by a family trust for which the reporting person is co-trustee. These shares are held in a trust for the benefit of a Child of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.