Kenneth Duda - 13 Jun 2024 Form 4/A Insider Report for Arista Networks, Inc. (ANET)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A
Accepted by SEC
24 Jun 2024, 18:36:58 UTC
Original report date
17 Jun 2024
Prior SEC filing
13 Jun 2024
Next SEC filing
10 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda

Key filing fact

Kenneth Duda filed Form 4/A for Arista Networks, Inc. (ANET) on 24 Jun 2024.

Key facts

  • This page summarizes Kenneth Duda's Form 4/A filing for Arista Networks, Inc. (ANET).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Jun 2024, 18:36.

Change

  • Previous filing in this sequence was filed on 13 Jun 2024.
  • Current net transaction value: -$80,518.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ANET transaction

Common Stock

Sale

Transaction value
$80,518
Shares
-244
Change %
-0.13%
Price
$329.99
Shares after
194,600
Date
13 Jun 2024
Ownership
By Foundation
Footnotes
F1, F2, F3, F4
ANET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
56,556
Date
13 Jun 2024
Ownership
By GRAT JD
Footnotes
F5
ANET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
56,556
Date
13 Jun 2024
Ownership
By GRAT KD
Footnotes
F6
ANET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
323,568
Date
13 Jun 2024
Ownership
By Trust
Footnotes
F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ANET transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-20,000
Change %
-17%
Price
$0.000000
Shares after
100,000
Date
13 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$17.08
Footnotes
F1, F8, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 9 footnotes

Footnote F1

Due to a system issue, the stock sale and option exercise transactions reported on this Form 4A were not included on the original Form 4 filed on June 17, 2024.

Footnote F2

The sale of shares effected pursuant to a Rule 10b5-1 trading plan entered into on March 14, 2024 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.60 to $330.50, inclusive. The 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.

Footnote F4

These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.

Footnote F5

The spouse of the reporting person is the trustee of the Jennifer Duda Annuity Trusts.

Footnote F6

The reporting person is the trustee of the Kenneth Duda Annuity Trusts.

Footnote F7

These shares are held by a family trust for which the reporting person is co-trustee.

Footnote F8

The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 14, 2024.

Footnote F9

1/5th of the shares subject to the option vested one year after December 1, 2016 and 1/60th of the shares subject to the option continue to vest each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .