ANET Insider Filing: 808 RSUs Converted to Shares for Director Lavender
Rhea-AI Filing Summary
Robert G. Lavender, a director of Arista Networks, reported an insider transaction filed on Form 4 showing restricted stock units (RSUs) vesting and resulting share ownership changes. On 08/20/2025 Lavender was credited with 808 shares of Common Stock (transaction code M) related to RSU vesting, recorded with a $0.0 price per share as these were granted equity awards. After the transaction, the report shows Lavender beneficially owns 1,647 shares of Common Stock as direct holdings in the non-derivative table and 2,422 shares equivalent in the derivative table reflecting underlying RSUs.
The RSUs were originally granted on 03/14/2025, with one quarter vesting on 08/20/2025 and the remainder scheduled to vest quarterly thereafter on the first trading day on or after Feb 20, May 20, Aug 20, and Nov 20. The form was signed by an attorney-in-fact on behalf of Lavender on 08/22/2025. The filing includes a note that reported share totals are rounded and the actual holdings include a fractional share.
Positive
- Director equity alignment: 808 RSUs vested, increasing the reporting person’s direct ownership and aligning executive interests with shareholders.
- Clear vesting schedule disclosed: Grant date (03/14/2025) and quarterly vest dates are specified, improving transparency.
Negative
- None.
Insights
TL;DR: Routine RSU vesting increased a director's direct holdings by 808 shares; no cash purchase or sale occurred.
The filing documents a standard equity award vesting event for a director rather than an open-market purchase or sale. The transaction code M and $0.0 price indicate conversion/vesting of previously granted RSUs into common stock. The resulting direct beneficial ownership figures—1,647 shares reported in the non-derivative table and 2,422 shares reflected in the derivative table—represent reported totals including fractional-share rounding. This is a compliance disclosure of compensation-related equity vesting and appears immaterial to company capital structure absent larger context.
TL;DR: This Form 4 records scheduled RSU vesting for a director with customary quarterly vesting cadence.
The disclosure is clear on grant and vesting schedule: RSUs were granted on 03/14/2025 with 25% vesting on 08/20/2025 and subsequent quarterly vesting. The form was executed by an attorney-in-fact, which is typical for insider filings. There are no indications of accelerated vesting, transfers, or derivative exercises beyond the reported conversion of RSUs to shares. From a governance perspective, the filing meets Section 16 reporting requirements and reflects routine equity compensation administration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-2 | 808 | $0.00 | -- |
| Exercise | Common Stock | 808 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. The sum of the shares reflects a rounded whole number of shares held. The actual number includes a fractional share of stock. The reporting person was granted RSUs on March 14, 2025. 1/4th of the shares vested 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.
