350,000 Arista (NYSE: ANET) shares sold via CEO family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arista Networks CEO Jayshree Ullal reported insider sales executed through family trusts. On April 16, 2026, trusts associated with her sold a total of 350,000 shares of Arista Networks common stock in open-market transactions.
Individual sales included 20,827 shares at a weighted average price of 160.5527 per share and 229,173 shares at 159.2037 per share, along with smaller blocks from trusts for two children. These transactions were carried out under a Rule 10b5-1 trading plan adopted on November 14, 2025 for the benefit of her relatives.
The filing notes that the shares are held in various trusts for Ullal’s children and other relatives, where she serves as trustee or co-trustee, shares voting and investment control, and in some cases disclaims beneficial ownership. Following the transactions, the family trust and children’s trusts together still hold multi-million share positions, and Ullal also reports 9,917 shares held directly and 30,000 shares in each of two trusts for a niece and a nephew.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 350,000 shares ($55,760,630)
Net Sell
9 txns
Insider
Ullal Jayshree
Role
CEO and Chairperson
Sold
350,000 shs ($55.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,834 | $159.2037 | $7.30M |
| Sale | Common Stock | 4,166 | $160.5527 | $669K |
| Sale | Common Stock | 45,834 | $159.2037 | $7.30M |
| Sale | Common Stock | 4,166 | $160.5527 | $669K |
| Sale | Common Stock | 229,173 | $159.2037 | $36.49M |
| Sale | Common Stock | 20,827 | $160.5527 | $3.34M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,337,373 shares (Indirect, By Trust for Child 1);
Common Stock — 9,917 shares (Direct, null)
Footnotes (1)
- The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's relatives on November 14, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.00 to $159.99, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.03 to $160.96, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025. These shares are held by a family trust for which the reporting person is co-trustee. These shares are held in trust for the benefit of relatives 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.
Key Figures
Total shares sold: 350,000 shares
Block sale 1: 20,827 shares at 160.5527 per share
Block sale 2: 229,173 shares at 159.2037 per share
+5 more
8 metrics
Total shares sold
350,000 shares
Aggregate insider sales by family and children’s trusts on April 16, 2026
Block sale 1
20,827 shares at 160.5527 per share
Open-market sale by family trust, common stock
Block sale 2
229,173 shares at 159.2037 per share
Open-market sale by family trust, common stock
Child 1 trust post-sale
5,337,373 shares
Total shares following transactions in trust for Child 1
Child 2 trust post-sale
5,337,373 shares
Total shares following transactions in trust for Child 2
Family trust post-sale
18,082,837 shares
Total shares following transactions in family trust where Ullal is co-trustee
Direct holdings
9,917 shares
Shares of Arista Networks common stock held directly by Ullal
Niece and nephew trusts
30,000 shares each
Holdings in trusts for a niece and a nephew, with Ullal as trustee
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, co-trustee
4 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
co-trustee financial
"These shares are held by a family trust for which the reporting person is co-trustee."
FAQ
What insider activity did Arista Networks (ANET) report for Jayshree Ullal?
Arista Networks reported that trusts associated with CEO Jayshree Ullal sold a combined 350,000 shares of common stock. These were open‑market transactions executed on April 16, 2026, through multiple family and children’s trusts, rather than direct personal trades in her own name.
Were the Arista Networks (ANET) insider sales under a Rule 10b5-1 plan?
Yes. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans pre-schedule trades in advance, indicating these transactions were planned arrangements for the benefit of Ullal’s relatives rather than opportunistic market timing.