STOCK TITAN

Arista Networks Insider Update: 971 RSUs Vest for Director Mark Templeton

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

Rhea-AI Filing Summary

Arista Networks director Mark B. Templeton received 971 restricted stock units (RSUs) that vested on 08/20/2025, each convertible into one share of common stock. After the reported transaction he beneficially owns 54,959 shares directly and an additional 75,200 shares indirectly held in a trust for which his spouse is trustee. The report also shows 2,913 RSUs remaining beneficially owned following the transaction. The RSUs were granted on 05/30/2025 with 25% vesting on 08/20/2025 and subsequent quarterly vesting on each quarter's vest date.

Positive

  • 971 RSUs vested, increasing the reporting person's direct beneficial ownership to 54,959 shares
  • Alignment of interests as director compensation converted into equity, reinforcing shareholder linkage
  • Transparent disclosure of indirect holdings (75,200 shares) held in a spousal trust

Negative

  • None.

Insights

TL;DR: Director received routine equity compensation vesting; stake modestly increased, aligning interests with shareholders.

The filing documents a scheduled vesting of RSUs granted as part of director compensation. The immediate conversion of 971 RSUs into beneficial ownership increases the director's direct shareholding to 54,959, while an indirect holding of 75,200 remains via a spousal trust. This is a standard governance outcome that reinforces alignment between management/directors and shareholders without indicating any unusual insider trading or one-off events.

TL;DR: Transaction is compensation-driven vesting; immaterial to company capitalization but relevant for insider ownership monitoring.

The entry shows RSU vesting recorded under transaction code M for 971 units and continued ownership of 2,913 RSUs. While the absolute share increases are small relative to a large-cap issuer, they are material for tracking insider holdings and potential future share supply from vested awards. No sales or exercises occurred that would signal liquidity events.

Insider TEMPLETON MARK B
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit-7 971 $0.00 --
Exercise Common Stock 971 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit-7 — 2,913 shares (Direct); Common Stock — 54,959 shares (Direct); Common Stock — 75,200 shares (Indirect, by Spouse)
Footnotes (1)
  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 in a trust for which the reporting person's spouse serves as 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.
SEC Form 4
FORM 4 UNITED 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*
TEMPLETON MARK B

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

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 08/20/2025 M 971 A $0.0(1) 54,959 D
Common Stock 75,200 I by Spouse(2)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit-7 $0.0(1) 08/20/2025 M 971 (3) (3) Common Stock 971 $0.0 2,913 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
2. These shares are held in a trust for which the reporting person's spouse serves as trustee.
3. 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.
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Mark Templeton 08/22/2025
** Signature of Reporting Person Date
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.

FAQ

What did the Form 4 for ANET report?

The Form 4 reports that director Mark B. Templeton had 971 RSUs vest on 08/20/2025, increasing direct ownership to 54,959 shares.

How many shares does Mark B. Templeton beneficially own after the transaction?

He beneficially owns 54,959 shares directly and 75,200 shares indirectly via a trust for which his spouse is trustee.

What is the origin and vesting schedule of the RSUs?

The RSUs were granted on 05/30/2025; 25% vested on 08/20/2025 and the remainder vests quarterly on the first trading day on or after Feb 20, May 20, Aug 20, or Nov 20.

Were any shares sold or disposed of in this filing?

No sales or dispositions are reported; the Form 4 documents vesting/receipt of RSUs and resulting beneficial ownership counts.

What does transaction code 'M' indicate on the Form 4?

The form lists transaction code M for the reported RSU vesting; the filing shows 971 units acquired under that code in the transaction.