Form 4: Arista Networks CEO Jayshree Ullal Reports Stock Transactions
SEC Form 4
Jayshree Ullal, CEO of Arista Networks, reports the vesting of restricted stock units and shares withheld for tax obligations.
Summary
- On May 20, 2025, Jayshree Ullal, the President and CEO of Arista Networks, reported transactions involving Arista Networks common stock.
- These transactions included the vesting of 20,600 and 27,660 restricted stock units, which converted into common stock.
- A total of 24,218 shares were withheld to cover tax obligations related to the vesting of these restricted stock units at a price of $96.7 per share.
- Following these transactions, Ullal directly owns 116,683 shares of Arista Networks common stock.
- Ullal also has indirect ownership through various trusts, including trusts for her children, nephew, niece, and a family trust, totaling 24,597,168 shares.
- She disclaims beneficial ownership of shares held in trusts for her children, nephew and niece.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company leadership.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transactions: vesting of restricted stock units and tax withholding. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Arista Networks, Jayshree Ullal, ANET, Stock Options, Restricted Stock Units, Beneficial Ownership, Form 4, Insider Trading
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