Form 4: Arista Networks CEO Ullal Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Arista Networks CEO Jayshree Ullal reported the vesting of restricted stock units and related tax withholding transactions on November 20, 2025.
Summary
- Jayshree Ullal, CEO and Chairperson of Arista Networks, Inc. (ANET), reported transactions on November 20, 2025.
- Acquired 20,600 shares of Common Stock from the vesting of Restricted Stock Unit-7.
- Acquired 27,660 shares of Common Stock from the vesting of Restricted Stock Unit-8.
- Disposed of 24,218 shares of Common Stock at a price of $124.81 per share to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, direct beneficial ownership stands at 33,959 shares.
- Indirect beneficial ownership includes 5,383,207 shares held in trust for Child 1, 5,383,207 shares held in trust for Child 2, 30,000 shares held in trust for a Nephew, 30,000 shares held in trust for a Niece, and 18,312,010 shares held by a family trust.
Sentiment
Score: 5
Explanation: The filing reports routine, scheduled executive compensation events (RSU vesting and tax withholding) which are neutral in terms of company performance or outlook.
Positives
- The vesting of 20,600 shares from Restricted Stock Unit-7 and 27,660 shares from Restricted Stock Unit-8 indicates the attainment of certain performance conditions for these awards, granted in the first quarter of 2022 and 2023, respectively.
Future Outlook
The remaining unvested portions of the performance stock awards (Restricted Stock Unit-7 and Restricted Stock Unit-8) are scheduled to continue vesting quarterly over three years from their respective grant dates. Quarterly vest dates occur on the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
Industry Context
This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and subsequent tax withholding. Such filings are standard disclosures for publicly traded companies and do not typically reflect broader industry trends or competitive positioning.
Related Party Transactions
- Shares are held indirectly through various family trusts for which the reporting person serves as trustee or co-trustee, including trusts for children, a nephew, a niece, and a general family trust. The reporting person disclaims beneficial ownership for some of these shares.
Stakeholder Impact
- Shareholders: Minimal impact as these are routine, pre-scheduled compensation transactions for an executive.
- Employees: No direct impact on general employees.
Next Steps
- Continued quarterly vesting of the remaining performance stock awards (Restricted Stock Unit-7 and Restricted Stock Unit-8) as per their respective schedules.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | 25% vesting of Performance Stock Award (Restricted Stock Unit-7) granted in Q1 2022. |
| 02/20/2024 | 25% vesting of Performance Stock Award (Restricted Stock Unit-8) granted in Q1 2023. |
| 11/20/2025 | Transaction date for RSU vesting and related tax withholding. |
Keywords
Arista Networks, ANET, Jayshree Ullal, Form 4, insider trading, stock transactions, RSU, restricted stock units, executive compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.