Marc Taxay - 20 Feb 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Reporting relationship: SVP and General Counsel
Issuer ticker: ANET
Reported as of: 20 Feb 2025
Net transaction value: -$5,139,883
SEC form: 4
Accepted by SEC: 24 Feb 2025, 20:19:18 UTC
Prior SEC filing: 18 Feb 2025
Next SEC filing: 05 Mar 2025
Source filing: View source filing
Reporting owner signature: By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay

Key filing fact

Marc Taxay filed Form 4 for Arista Networks, Inc. (ANET) on 24 Feb 2025.

Key facts

This page summarizes Marc Taxay's Form 4 filing for Arista Networks, Inc. (ANET).
20 reported transactions and 11 derivative rows are listed below.
Accepted by SEC: 24 Feb 2025, 20:19.

Change

Previous filing in this sequence was filed on 18 Feb 2025.
Current net transaction value: -$5,139,883.

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 disclosures.

View source filing

Reported non-derivative transactions

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

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +10,176
Change %
Price: $0.000000
Shares after: 10,176
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1, F2

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +5,216
Change %: +51%
Price: $0.000000
Shares after: 15,392
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,912
Change %: +19%
Price: $0.000000
Shares after: 18,304
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +31,064
Change %: +170%
Price: $0.000000
Shares after: 49,368
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,112
Change %: +6.3%
Price: $0.000000
Shares after: 52,480
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +33,200
Change %: +63%
Price: $0.000000
Shares after: 85,680
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,340
Change %: +1.6%
Price: $0.000000
Shares after: 87,020
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +14,288
Change %: +16%
Price: $0.000000
Shares after: 101,308
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F1

ANET transaction

Common Stock

Tax liability

Transaction value: $5,139,883
Shares: -49,460
Change %: -49%
Price: $103.92
Shares after: 51,848
Date: 20 Feb 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

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

ANET transaction Derivative

Restricted Stock Unit - 18

Award

Transaction value: $0
Shares: +14,288
Change %
Price: $0.000000
Shares after: 14,288
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,288
Exercise price: $0.000000
Footnotes: F1, F4

ANET transaction Derivative

Restricted Stock Unit - 18

Options Exercise

Transaction value: $0
Shares: -14,288
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,288
Exercise price: $0.000000
Footnotes: F1, F4

ANET transaction Derivative

Restricted Stock Unit-10

Options Exercise

Transaction value: $0
Shares: -2,912
Change %: -12%
Price: $0.000000
Shares after: 20,388
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,912
Exercise price: $0.000000
Footnotes: F1, F5

ANET transaction Derivative

Restricted Stock Unit-13

Options Exercise

Transaction value: $0
Shares: -3,112
Change %: -8.3%
Price: $0.000000
Shares after: 34,236
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,112
Exercise price: $0.000000
Footnotes: F1, F6

ANET transaction Derivative

Restricted Stock Unit-14

Award

Transaction value: $0
Shares: +31,064
Change %
Price: $0.000000
Shares after: 31,064
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,064
Exercise price: $0.000000
Footnotes: F1, F7

ANET transaction Derivative

Restricted Stock Unit-14

Options Exercise

Transaction value: $0
Shares: -31,064
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,064
Exercise price: $0.000000
Footnotes: F1, F7

ANET transaction Derivative

Restricted Stock Unit-15

Options Exercise

Transaction value: $0
Shares: -1,340
Change %: -6.2%
Price: $0.000000
Shares after: 20,100
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,340
Exercise price: $0.000000
Footnotes: F1, F8

ANET transaction Derivative

Restricted Stock Unit-16

Award

Transaction value: $0
Shares: +33,200
Change %
Price: $0.000000
Shares after: 33,200
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 33,200
Exercise price: $0.000000
Footnotes: F1, F9

ANET transaction Derivative

Restricted Stock Unit-16

Options Exercise

Transaction value: $0
Shares: -33,200
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 33,200
Exercise price: $0.000000
Footnotes: F1, F9

ANET transaction Derivative

Restricted Stock Unit-8

Options Exercise

Transaction value: $0
Shares: -10,176
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,176
Exercise price: $0.000000
Footnotes: F1, F10

ANET transaction Derivative

Restricted Stock Unit-9

Options Exercise

Transaction value: $0
Shares: -5,216
Change %: -25%
Price: $0.000000
Shares after: 15,664
Date: 20 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,216
Exercise price: $0.000000
Footnotes: F1, F11

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

Footnote F2

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.

Footnote F3

Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

Footnote F4

This performance stock award was granted in the first quarter of 2024 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.

Footnote F5

Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2023 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, and November 20 of each year.

Footnote F6

Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 20, 2024 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, and November 20 of each year.

Footnote F7

This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.

Footnote F8

Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on February 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, and November 20 of each year.

Footnote F9

This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.

Footnote F10

Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2021 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, and November 20 of each year.

Footnote F11

Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2022 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, and November 20 of each year.