STOCK TITAN

ANET Form 4: Director Kelly Battles Reports 971 RSU Vesting

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

Rhea-AI Filing Summary

Kelly Battles, a director of Arista Networks, Inc. (ANET), reported a change in beneficial ownership on Form 4 showing transactions dated 08/20/2025. The filing discloses the acquisition of 971 shares by vesting of restricted stock units (RSUs) at a reported price of $0.0. The non-derivative section reports 8,431 shares beneficially owned following the reported transaction. The derivative section shows 2,913 derivative securities beneficially owned after the transaction. The RSUs were granted May 30, 2025, with one-quarter vesting on August 20, 2025 and continuing quarterly vesting.

Positive

  • 971 RSUs vested on 08/20/2025, disclosed clearly in the Form 4
  • Grant and vesting schedule (granted May 30, 2025; quarterly vesting) are explicitly documented

Negative

  • None.

Insights

TL;DR: Routine insider vesting; limited market impact absent additional context.

The Form 4 documents a scheduled vesting event: 971 RSUs converted to shares on 08/20/2025 at no cash price, increasing the reporting person's direct holdings to 8,431 shares and derivative holdings to 2,913. This is a standard compensation vesting disclosure rather than an active buy/sell decision. Without transaction timing tied to material corporate events or unusually large volumes relative to total shares outstanding, the filing is informational and typically neutral for valuation models.

TL;DR: Standard equity compensation disclosure consistent with board/director remuneration practices.

The filing explicitly states RSUs granted May 30, 2025, with a defined quarterly vesting schedule starting August 20, 2025. The form was executed by an attorney-in-fact, indicating proper procedural handling. This disclosure supports transparency around director equity compensation and aligns with expected reporting obligations under Section 16.

Insider Battles Kelly Bodnar
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit-6 971 $0.00 --
Exercise Common Stock 971 $0.00 --
Holdings After Transaction: Restricted Stock Unit-6 — 2,913 shares (Direct); Common Stock — 8,431 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. 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*
Battles Kelly Bodnar

(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) 8,431 D
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-6 $0.0(1) 08/20/2025 M 971 (2) (2) 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. 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: Kelly Battles 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 Kelly Battles report on the Form 4 for ANET?

Kelly Battles reported the vesting and acquisition of 971 shares via restricted stock units on 08/20/2025, increasing reported holdings.

How many shares does the Form 4 show beneficially owned after the transaction?

8,431 shares are reported as beneficially owned in the non-derivative section following the transaction.

What is the nature and schedule of the equity award disclosed?

Restricted stock units (RSUs) were granted May 30, 2025; one-quarter vested on August 20, 2025 and remaining RSUs vest quarterly thereafter.

Was there any cash consideration reported for the vested RSUs?

No cash price was reported

Who signed the Form 4 filing?

Isabelle Bertin-Bailly, Attorney-in-Fact, signed the filing for Kelly Battles on 08/22/2025.