Kelly Bodnar Battles - 14 Feb 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kelly Battles
Issuer symbol
ANET
Transactions as of
14 Feb 2025
Net transactions value
-$159,409
Form type
4
Filing time
18 Feb 2025, 19:49:04 UTC
Previous filing
22 Nov 2024
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Sale $123,076 -1,152 -12% $106.84 8,464 14 Feb 2025 Direct F1, F2, F3
transaction ANET Common Stock Sale $35,029 -324 -3.8% $108.11 8,140 14 Feb 2025 Direct F1, F4
transaction ANET Common Stock Sale $1,304 -12 -0.15% $108.64 8,128 14 Feb 2025 Direct F1, F5
* 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 13, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.58 to $107.53, 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 On December 4, 2024, the issuer completed a four-for-one stock split of the issuer's common stock. ALL AMOUNTS ON THIS FORM HAVE BEEN ADJUSTED TO GIVE EFFECT TO THIS STOCK SPLIT.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.58 to $108.57, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.63 to $108.65, 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.