Form 4: Arista Networks CEO Jayshree Ullal Sells Over 117,000 Shares Under Pre-Arranged Trading Plan

Arista Networks President and CEO Jayshree Ullal executed the sale of 117,782 shares of common stock on June 26, 2025, at a weighted average price of $102.0324 per share, as part of a pre-established Rule 10b5-1 trading plan.

Summary

• Jayshree Ullal, President and CEO of Arista Networks, Inc. (ANET), sold a total of 117,782 shares of common stock.
• The sales occurred on June 26, 2025.
• The weighted average sale price was $102.0324 per share, with individual transactions ranging from $101.99 to $102.11.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024.
• Shares sold included 13,075 directly held and 104,707 held indirectly through various family trusts (for children, nephew, niece, and a general family trust).
• Following these transactions, Jayshree Ullal directly owns 103,608 shares and indirectly holds 31,195,661 shares through trusts, though beneficial ownership is disclaimed for some trust holdings.

Sentiment

Score: 5

Explanation: The document reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 plan, which is a neutral event for company sentiment as it indicates planned liquidity rather than a reaction to new information.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned transaction rather than a reaction to new, non-public information, which enhances transparency.

Negatives

• President and CEO Jayshree Ullal, a key insider, sold a significant number of shares (117,782 shares).

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sales of shares held in trusts for the benefit of the reporting person's children, nephew, niece, and a family trust, for which the reporting person serves as trustee or co-trustee.

Stakeholder Impact

• Shareholders: May observe insider selling, but the pre-arranged Rule 10b5-1 plan mitigates potential negative interpretations, as it signifies a planned liquidity event rather than a reaction to adverse company developments.

Key Dates

Recommendation

Keywords

Arista Networks, ANET, Jayshree Ullal, Insider Trading, Form 4, Stock Sale, Rule 10b5-1, CEO, Director, Common Stock