Kenneth Duda - Aug 26, 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Stock symbol
ANET
Transactions as of
Aug 26, 2024
Transactions value $
-$12,957,741
Form type
4
Date filed
8/28/2024, 08:26 PM
Previous filing
Aug 22, 2024
Next filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $342K +20K +616.52% $17.09 23.2K Aug 26, 2024 Direct F1
transaction ANET Common Stock Sale -$556K -1.62K -6.97% $343.24 21.6K Aug 26, 2024 Direct F1, F2
transaction ANET Common Stock Sale -$1.84M -5.36K -24.76% $344.09 16.3K Aug 26, 2024 Direct F1, F3
transaction ANET Common Stock Sale -$1.75M -5.07K -31.14% $344.90 11.2K Aug 26, 2024 Direct F1, F4
transaction ANET Common Stock Sale -$515K -1.49K -13.29% $346.05 9.71K Aug 26, 2024 Direct F1, F5
transaction ANET Common Stock Sale -$964K -2.78K -28.6% $347.10 6.94K Aug 26, 2024 Direct F1, F6
transaction ANET Common Stock Sale -$185K -532 -7.67% $348.13 6.4K Aug 26, 2024 Direct F1, F7
transaction ANET Common Stock Sale -$17.4K -50 -0.78% $348.66 6.35K Aug 26, 2024 Direct F1
transaction ANET Common Stock Sale -$246K -700 -11.02% $351.39 5.65K Aug 26, 2024 Direct F1, F8
transaction ANET Common Stock Sale -$325K -922 -16.31% $352.36 4.73K Aug 26, 2024 Direct F1, F9
transaction ANET Common Stock Sale -$136K -385 -8.14% $353.37 4.35K Aug 26, 2024 Direct F1, F10
transaction ANET Common Stock Sale -$202K -568 -13.07% $355.66 3.78K Aug 26, 2024 Direct F1, F11
transaction ANET Common Stock Sale -$66K -185 -4.9% $356.65 3.59K Aug 26, 2024 Direct F1, F12
transaction ANET Common Stock Sale -$125K -350 -9.74% $357.30 3.24K Aug 26, 2024 Direct F1
transaction ANET Common Stock Sale -$444K -1.3K -0.33% $343.24 391K Aug 26, 2024 By Childrens' Trust F2, F13, F14
transaction ANET Common Stock Sale -$1.47M -4.28K -1.09% $344.09 387K Aug 26, 2024 By Childrens' Trust F3, F13, F14
transaction ANET Common Stock Sale -$1.4M -4.05K -1.05% $344.90 383K Aug 26, 2024 By Childrens' Trust F4, F13, F14
transaction ANET Common Stock Sale -$412K -1.19K -0.31% $346.05 382K Aug 26, 2024 By Childrens' Trust F5, F13, F14
transaction ANET Common Stock Sale -$771K -2.22K -0.58% $347.10 380K Aug 26, 2024 By Childrens' Trust F6, F13, F14
transaction ANET Common Stock Sale -$148K -426 -0.11% $348.13 379K Aug 26, 2024 By Childrens' Trust F7, F13, F14
transaction ANET Common Stock Sale -$13.9K -40 -0.01% $348.66 379K Aug 26, 2024 By Childrens' Trust F13, F14
transaction ANET Common Stock Sale -$197K -560 -0.15% $351.39 379K Aug 26, 2024 By Childrens' Trust F8, F13, F14
transaction ANET Common Stock Sale -$260K -738 -0.19% $352.36 378K Aug 26, 2024 By Childrens' Trust F9, F13, F14
transaction ANET Common Stock Sale -$109K -308 -0.08% $353.37 378K Aug 26, 2024 By Childrens' Trust F10, F13, F14
transaction ANET Common Stock Sale -$161K -454 -0.12% $355.66 377K Aug 26, 2024 By Childrens' Trust F11, F13, F14
transaction ANET Common Stock Sale -$52.8K -148 -0.04% $356.65 377K Aug 26, 2024 By Childrens' Trust F12, F13, F14
transaction ANET Common Stock Sale -$100K -280 -0.07% $357.30 377K Aug 26, 2024 By Childrens' Trust F13, F14
transaction ANET Common Stock Sale -$111K -324 -0.17% $343.24 190K Aug 26, 2024 By Foundation F2, F15, F16
transaction ANET Common Stock Sale -$369K -1.07K -0.56% $344.09 189K Aug 26, 2024 By Foundation F3, F15, F16
transaction ANET Common Stock Sale -$349K -1.01K -0.54% $344.90 188K Aug 26, 2024 By Foundation F4, F15, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.57 to $343.55, inclusive. The reporting 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $343.57 to $344.565, inclusive. The reporting 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.57 to $345.555, inclusive. The reporting 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.57 to $346.565, inclusive. The reporting 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.63 to $347.62, inclusive. The reporting 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.64 to $348.57, inclusive. The reporting 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.00 to $351.99, inclusive. The reporting 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.025 to $352.945, inclusive. The reporting 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.125 to $353.75, inclusive. The reporting 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.25 to $356.07, inclusive. The reporting 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.28 to $356.75, inclusive. The reporting 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.
F13 The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's children on March 14, 2024.
F14 These shares are held in a trust for the benefit of a Child of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
F15 The sale of shares was 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.
F16 These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.