Kenneth Duda (NYSE: ANET) details RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks President and CTO Kenneth Duda reported routine equity compensation activity dated May 20, 2026. Trusts associated with him exercised restricted stock units into a total of 31,034 Arista common shares, while 15,545 shares at $141.58 each were withheld to satisfy tax obligations rather than sold on the market.
After these transactions, one family trust associated with Duda held 205,018 common shares, with additional indirect holdings in GRATs, a foundation and a children’s trust, plus remaining direct RSU balances. The disclosure shows no open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,034 shares exercised/converted
Mixed
16 txns
Insider
Duda Kenneth
Role
President and CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit - 17 | 1,350 | $0.00 | -- |
| Exercise | Restricted Stock Unit-11 | 4,148 | $0.00 | -- |
| Exercise | Restricted Stock Unit-13 | 1,836 | $0.00 | -- |
| Exercise | Restricted Stock Unit-14 | 19,816 | $0.00 | -- |
| Exercise | Restricted Stock Unit-8 | 3,884 | $0.00 | -- |
| Exercise | Common Stock | 3,884 | $0.00 | -- |
| Exercise | Common Stock | 4,148 | $0.00 | -- |
| Exercise | Common Stock | 1,836 | $0.00 | -- |
| Exercise | Common Stock | 19,816 | $0.00 | -- |
| Exercise | Common Stock | 1,350 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,545 | $141.58 | $2.20M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit - 17 — 18,900 shares (Direct, null);
Restricted Stock Unit-11 — 24,884 shares (Direct, null);
Restricted Stock Unit-13 — 18,348 shares (Direct, null);
Restricted Stock Unit-14 — 336,872 shares (Direct, null);
Restricted Stock Unit-8 — 7,764 shares (Direct, null);
Common Stock — 205,018 shares (Indirect, by Trust);
Common Stock — 12,976 shares (Direct, null)
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. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. 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. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested 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. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on on February 20, 2024 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. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on February 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, and November 20 of each year. Five percent (5%) of the restricted stock awarded vested on November 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, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on February 20, 2023 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
RSU shares converted: 31,034 shares
Shares withheld for taxes: 15,545 shares at $141.58
Trust holding after transactions: 205,018 shares
+5 more
8 metrics
RSU shares converted
31,034 shares
Restricted stock units exercised or converted into Arista common stock on May 20, 2026
Shares withheld for taxes
15,545 shares at $141.58
Common shares withheld to satisfy tax obligations on RSU vesting
Trust holding after transactions
205,018 shares
Common shares held by a trust associated with Kenneth Duda after activity
Children’s trust holding
1,063,168 shares
Common shares held in a children’s trust where Duda serves as co‑trustee
Foundation holding
482,400 shares
Common shares held by a 501(c) foundation linked to Duda
GRAT KD holding
702,147 shares
Common shares held by GRAT KD as of the reported date
Direct RSU balance (series 14)
336,872 units
Restricted Stock Unit-14 balance following the reported derivative transactions
Quarterly vesting rate
6.25% or 5.0%
Portion of certain RSU or restricted stock awards vesting each quarterly vest date
Key Terms
restricted stock unit, tax withholding obligations, 501(c) Foundation, GRAT, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting."
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 of restricted stock units."
501(c) Foundation financial
"These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee."
GRAT financial
"Reporting person is the trustee of the Kenneth Duda Annuity Trusts."
co-trustee financial
"These shares are held by a family trust for which the reporting person is co-trustee."
FAQ
What did Kenneth Duda report in this Arista Networks (ANET) Form 4?
Kenneth Duda reported routine equity compensation activity involving restricted stock units. Trusts associated with him converted RSUs into common stock and some shares were withheld for taxes, with no open‑market buying or selling disclosed in the filing.
Were there any open-market stock trades by Kenneth Duda in this ANET filing?
No open‑market trades were reported. The Form 4 shows RSU conversions and shares withheld to cover tax obligations, not discretionary market purchases or sales, indicating compensation-related activity rather than trading in the open market.
What is the post-transaction holding for a trust associated with Kenneth Duda?
After the reported activity, one trust associated with Kenneth Duda held 205,018 Arista Networks common shares. The filing also lists other indirect holdings through GRATs, a foundation and a children’s trust, along with remaining restricted stock unit balances.
How are Kenneth Duda’s restricted stock units structured in this ANET filing?
Each restricted stock unit represents a contingent right to receive one Arista Networks common share upon vesting. Footnotes explain that specified percentages vest on defined quarterly dates, with vesting continuing at the same rate on each subsequent quarterly vest date.