Filing Details
- Accession Number:
- 0001596532-25-000172
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-20 19:15:36
- Reporting Period:
- 2025-06-17
- Filing Date:
- 2025-06-20
- Accepted Time:
- 2025-06-20 19:15:36
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1596532 | Arista Networks Inc. | ANET | Computer Communications Equipment (3576) | 201751121 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1605808 | Kenneth Duda | 5453 Great America Parkway Santa Clara CA 95054 | Cto And Svp Software Eng. | Yes | Yes | No | No |
Transaction Summary
| Sold: | 56,000 shares | Avg. Price: $92.23 | Total Value: $5,164,868.11 |
| Number of Shares After Transactions: | 592,400 shares | ||
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2025-06-17 | 30,000 | $3.52 | 42,976 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-06-17 | 8,050 | $90.66 | 34,926 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-06-17 | 8,716 | $91.66 | 26,210 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-06-17 | 3,743 | $92.94 | 22,467 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-06-17 | 7,309 | $93.65 | 15,158 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-06-17 | 2,182 | $94.33 | 12,976 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-06-17 | 4,293 | $90.66 | 1,250,875 | No | 4 | S | Indirect | By Childrens' Trust |
| Common Stock | Disposition | 2025-06-17 | 4,649 | $91.66 | 1,246,226 | No | 4 | S | Indirect | By Childrens' Trust |
| Common Stock | Disposition | 2025-06-17 | 1,997 | $92.94 | 1,244,229 | No | 4 | S | Indirect | By Childrens' Trust |
| Common Stock | Disposition | 2025-06-17 | 3,898 | $93.65 | 1,240,331 | No | 4 | S | Indirect | By Childrens' Trust |
| Common Stock | Disposition | 2025-06-17 | 1,163 | $94.33 | 1,239,168 | No | 4 | S | Indirect | By Childrens' Trust |
| Common Stock | Disposition | 2025-06-17 | 2,683 | $90.66 | 599,717 | No | 4 | S | Indirect | By Foundation |
| Common Stock | Disposition | 2025-06-17 | 2,905 | $91.66 | 596,812 | No | 4 | S | Indirect | By Foundation |
| Common Stock | Disposition | 2025-06-17 | 1,248 | $92.94 | 595,564 | No | 4 | S | Indirect | By Foundation |
| Common Stock | Disposition | 2025-06-17 | 2,436 | $93.65 | 593,128 | No | 4 | S | Indirect | By Foundation |
| Common Stock | Disposition | 2025-06-17 | 728 | $94.33 | 592,400 | No | 4 | S | Indirect | By Foundation |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By Childrens' Trust |
| No | 4 | S | Indirect | By Childrens' Trust |
| No | 4 | S | Indirect | By Childrens' Trust |
| No | 4 | S | Indirect | By Childrens' Trust |
| No | 4 | S | Indirect | By Childrens' Trust |
| No | 4 | S | Indirect | By Foundation |
| No | 4 | S | Indirect | By Foundation |
| No | 4 | S | Indirect | By Foundation |
| No | 4 | S | Indirect | By Foundation |
| No | 4 | S | Indirect | By Foundation |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2025-06-17 | 30,000 | $0.00 | 30,000 | $3.52 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 210,000 | 2026-02-11 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 750,000 | Indirect | By GRAT JD |
| Common Stock | 750,000 | Indirect | By GRAT KD |
| Common Stock | 25,615 | Indirect | by Trust |
Footnotes
- 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 13, 2025.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.01 to $90.99, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.17 to $92.16, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.17 to $93.16, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.17 to $94.16, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.1794 to $94.64, 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.
- 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 13, 2025.
- 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.
- The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on March 13, 2025 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
- These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
- Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
- Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
- These shares are held by a family trust for which the reporting person is co-trustee.
- 1/60th of the shares subject to the option vested and became exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vested monthly thereafter.
Billionaire Hedge Funds
