ANET Form 4: Charles Giancarlo Reports 971-Share Vesting and Holdings
Rhea-AI Filing Summary
Charles Giancarlo, a director of Arista Networks (ANET), reported the vesting and receipt of restricted stock units and his resulting holdings. On 08/20/2025 he was credited with 971 shares from vested restricted stock units (reported as acquisition code M at $0.0 per share). After the transaction he beneficially owns 220,607 shares directly. He also reports indirect holdings of 50,000 shares in a Charitable Remainder Trust and 57,784 shares in a family trust, for which he is co-trustee. The filing notes the RSUs were granted on 05/30/2025 with 1/4th vesting on 08/20/2025 and subsequent quarterly vest dates.
Positive
- 971 RSUs vested and were reported as acquired on 08/20/2025
- Direct beneficial ownership of 220,607 shares remains substantial
- Indirect holdings disclosed: 50,000 shares in a Charitable Remainder Trust and 57,784 shares in a family trust (co-trustee)
Negative
- None.
Insights
TL;DR: Routine executive equity vesting increased direct holdings by 971 shares; overall ownership remains concentrated via direct and trust holdings.
This Form 4 documents a standard equity compensation vesting event: 971 restricted stock units vested and were reported as acquired on 08/20/2025 at $0.0 per share, consistent with standard RSU mechanics. The reporting person retains sizable direct ownership (220,607 shares) and additional indirect holdings (50,000 and 57,784 shares) via trusts where he is co-trustee. There is no indication of sales or debt-related disposals in this filing. For investors, this is a routine insider disclosure reflecting compensation realization rather than a liquidity event or change in control.
TL;DR: Governance disclosure shows compliance with Section 16 reporting for an RSU vesting; no adverse governance signals present.
The report is a straightforward Section 16 filing showing that RSUs granted 05/30/2025 began vesting, with one-quarter vesting on 08/20/2025 and subsequent quarterly vest dates described. The reporting person is identified as a director and co-trustee for two trusts holding shares, which is disclosed appropriately. The filing was signed by an attorney-in-fact and includes explanatory footnotes clarifying trust ownership and vesting schedule. There are no departures, sales, or other governance red flags disclosed here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit-6 | 971 | $0.00 | -- |
| Exercise | Common Stock | 971 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 Charitable Remainder Trust for which the reporting person is co-trustee. These shares are held by a family trust for which the reporting person is co-trustee. The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest 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.
