Kenneth Duda - 07 Apr 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Issuer symbol
ANET
Transactions as of
07 Apr 2025
Net transactions value
-$10,402,648
Form type
4
Filing time
09 Apr 2025, 19:17:52 UTC
Previous filing
11 Mar 2025
Next filing
08 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $281,200 +80,000 +617% $3.52 92,976 07 Apr 2025 Direct F1
transaction ANET Common Stock Sale $356,295 -5,800 -6.2% $61.43 87,176 07 Apr 2025 Direct F1, F2
transaction ANET Common Stock Sale $96,674 -1,550 -1.8% $62.37 85,626 07 Apr 2025 Direct F1, F3
transaction ANET Common Stock Sale $60,401 -950 -1.1% $63.58 84,676 07 Apr 2025 Direct F1, F4
transaction ANET Common Stock Sale $132,728 -2,050 -2.4% $64.75 82,626 07 Apr 2025 Direct F1, F5
transaction ANET Common Stock Sale $690,720 -10,500 -13% $65.78 72,126 07 Apr 2025 Direct F1, F6
transaction ANET Common Stock Sale $1,010,700 -15,150 -21% $66.71 56,976 07 Apr 2025 Direct F1, F7
transaction ANET Common Stock Sale $1,929,329 -28,465 -50% $67.78 28,511 07 Apr 2025 Direct F1, F8
transaction ANET Common Stock Sale $975,549 -14,235 -50% $68.53 14,276 07 Apr 2025 Direct F1, F9
transaction ANET Common Stock Sale $80,023 -1,150 -8.1% $69.59 13,126 07 Apr 2025 Direct F1, F10
transaction ANET Common Stock Sale $10,560 -150 -1.1% $70.40 12,976 07 Apr 2025 Direct F1, F11
transaction ANET Common Stock Sale $285,036 -4,640 -0.34% $61.43 1,378,528 07 Apr 2025 By Childrens' Trust F2, F12, F13
transaction ANET Common Stock Sale $77,339 -1,240 -0.09% $62.37 1,377,288 07 Apr 2025 By Childrens' Trust F3, F12, F13
transaction ANET Common Stock Sale $48,321 -760 -0.06% $63.58 1,376,528 07 Apr 2025 By Childrens' Trust F4, F12, F13
transaction ANET Common Stock Sale $106,183 -1,640 -0.12% $64.75 1,374,888 07 Apr 2025 By Childrens' Trust F5, F12, F13
transaction ANET Common Stock Sale $552,576 -8,400 -0.61% $65.78 1,366,488 07 Apr 2025 By Childrens' Trust F6, F12, F13
transaction ANET Common Stock Sale $808,560 -12,120 -0.89% $66.71 1,354,368 07 Apr 2025 By Childrens' Trust F7, F12, F13
transaction ANET Common Stock Sale $1,543,463 -22,772 -1.7% $67.78 1,331,596 07 Apr 2025 By Childrens' Trust F8, F12, F13
transaction ANET Common Stock Sale $780,439 -11,388 -0.86% $68.53 1,320,208 07 Apr 2025 By Childrens' Trust F9, F12, F13
transaction ANET Common Stock Sale $64,019 -920 -0.07% $69.59 1,319,288 07 Apr 2025 By Childrens' Trust F10, F12, F13
transaction ANET Common Stock Sale $8,448 -120 -0.01% $70.40 1,319,168 07 Apr 2025 By Childrens' Trust F11, F12, F13
transaction ANET Common Stock Sale $71,259 -1,160 -0.18% $61.43 633,240 07 Apr 2025 By Foundation F2, F14, F15
transaction ANET Common Stock Sale $19,335 -310 -0.05% $62.37 632,930 07 Apr 2025 By Foundation F3, F14, F15
transaction ANET Common Stock Sale $12,080 -190 -0.03% $63.58 632,740 07 Apr 2025 By Foundation F4, F14, F15
transaction ANET Common Stock Sale $26,546 -410 -0.06% $64.75 632,330 07 Apr 2025 By Foundation F5, F14, F15
transaction ANET Common Stock Sale $138,144 -2,100 -0.33% $65.78 630,230 07 Apr 2025 By Foundation F6, F14, F15
transaction ANET Common Stock Sale $202,140 -3,030 -0.48% $66.71 627,200 07 Apr 2025 By Foundation F7, F14, F15
transaction ANET Common Stock Sale $385,866 -5,693 -0.91% $67.78 621,507 07 Apr 2025 By Foundation F8, F14, F15
transaction ANET Common Stock Sale $195,110 -2,847 -0.46% $68.53 618,660 07 Apr 2025 By Foundation F9, F14, F15
transaction ANET Common Stock Sale $16,005 -230 -0.04% $69.59 618,430 07 Apr 2025 By Foundation F10, F14, F15
* 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 $60.89 to $61.86, 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 $61.92 to $62.89, 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 $63.09 to $64.05, 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 $64.23 to $65.18, 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 $65.23 to $66.22, 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 $66.23 to $67.22, 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 $67.24 to $68.23, 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 $68.24 to $69.23, 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 $69.25 to $70.21, 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 $70.34 to $70.50, 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 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.
F13 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.
F14 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.
F15 These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.