STOCK TITAN

Arista Networks (ANET) CTO Kenneth Duda reports 91,750-share trust restructuring

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Arista Networks President and CTO Kenneth Duda reported internal trust-related movements of Arista Networks common stock, with no open-market buying or selling. Two transactions labeled code J reclassified 45,875 shares from a grantor retained annuity trust (GRAT) to related trusts at a stated price of $0.00 per share.

After these changes, indirect holdings include 756,272 shares held by a GRAT, 62,498 shares held by a family trust, 1,063,168 shares held by a children’s trust, 802,147 shares held by another GRAT, and 482,400 shares held by a 501(c) foundation. He also reports 12,976 shares held directly. Several trusts list him or his spouse as trustee or co-trustee, and one children’s trust position is reported with a disclaimer of beneficial ownership.

Positive

  • None.

Negative

  • None.
Insider Duda Kenneth
Role President and CTO
Type Security Shares Price Value
Other Common Stock 45,875 $0.00 --
Other Common Stock 45,875 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 756,272 shares (Indirect, By GRAT KD); Common Stock — 12,976 shares (Direct)
Footnotes (1)
  1. Represents 45,875 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 45,875 shares contributed from the GRAT of the Reporting Person. 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. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
Restructuring shares 91,750 shares Total code J restructuring across trusts
Individual transfer size 45,875 shares Each code J transfer between GRAT and trust
GRAT KD holding 756,272 shares Indirect ownership by GRAT KD after transactions
Family trust holding 62,498 shares Indirect ownership by family trust after transfer
Children’s trust holding 1,063,168 shares Indirect ownership by children’s trust; beneficial ownership disclaimed
GRAT JD holding 802,147 shares Indirect ownership by another GRAT after changes
Foundation holding 482,400 shares Indirect ownership by 501(c) foundation
Direct holding 12,976 shares Direct ownership by Kenneth Duda
GRAT financial
"Represents 45,875 shares transferred to the Family Trust from the GRAT of the Reporting Person."
Family Trust financial
"Represents 45,875 shares transferred to the Family Trust from the GRAT of the Reporting Person."
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."
co-trustee financial
"These shares are held by a family trust for which the reporting person is co-trustee."
disclaims beneficial ownership financial
"the reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares."

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Arista Networks (ANET) executive Kenneth Duda report in this Form 4?

Kenneth Duda reported internal transfers of Arista Networks common stock among various family-related trusts and a foundation. The transactions were coded J as other acquisitions or dispositions, with no open-market purchases or sales reported in this filing.

Were there any open-market buys or sells in Kenneth Duda’s ANET Form 4?

No open-market buys or sells were reported. The Form 4 shows code J transactions categorized as other acquisitions or dispositions, reflecting share movements among a GRAT, a family trust, and related entities at a reported price of $0.00 per share.

How many Arista Networks shares moved in the restructuring reported by Kenneth Duda?

The restructuring involved 91,750 Arista Networks shares, split between two code J entries of 45,875 shares each. These movements represent transfers between a grantor retained annuity trust and related trusts, rather than market trades, according to the filing details.

What are Kenneth Duda’s indirect holdings in Arista Networks after this Form 4?

After the reported transactions, indirect holdings include 756,272 shares in a GRAT, 62,498 in a family trust, 1,063,168 in a children’s trust, 802,147 in another GRAT, and 482,400 in a 501(c) foundation, all reported as indirect ownership positions.

How many Arista Networks shares does Kenneth Duda hold directly?

Kenneth Duda reports direct ownership of 12,976 Arista Networks common shares. This direct position is separate from his larger indirect holdings through various trusts and a foundation, which are reported as indirect ownership interests in the same Form 4.

Does Kenneth Duda disclaim beneficial ownership of any ANET shares in this filing?

Yes. For one children’s trust, the filing notes he serves as co-trustee and shares voting and investment control but disclaims beneficial ownership. This means the shares are reported for transparency, though he does not claim full economic ownership.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Duda Kenneth

(Last)(First)(Middle)
5453 GREAT AMERICA PARKWAY

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026J(1)45,875D$0.0756,272IBy GRAT KD(2)
Common Stock06/10/2026J(3)45,875A$0.062,498Iby Trust(4)
Common Stock12,976D
Common Stock1,063,168IBy Childrens' Trust(5)
Common Stock482,400IBy Foundation(6)
Common Stock802,147IBy GRAT JD(7)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents 45,875 shares transferred to the Family Trust from the GRAT of the Reporting Person.
2. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
3. Represents 45,875 shares contributed from the GRAT of the Reporting Person.
4. These shares are held by a family trust for which the reporting person is co-trustee.
5. 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.
6. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
7. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda06/12/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)