Form 4: Arista Networks Director Daniel Scheinman Reports Stock Unit Vesting
SEC Form 4
Director Daniel Scheinman reports the vesting of restricted stock units in Arista Networks, Inc.
Summary
- On May 20, 2025, Daniel Scheinman, a director of Arista Networks, Inc., had 844 restricted stock units (RSUs) vest.
- These RSUs convert into 844 shares of Arista Networks common stock.
- Following the transaction, Scheinman directly owns 154,308 shares of Arista Networks common stock.
- The RSUs were granted on June 7, 2024, and vest quarterly, with 1/4th of the shares vesting on August 20, 2024, and continuing quarterly thereafter on the first market trading day on or after February 20, May 20, August 20, or November 20.
Sentiment
Score: 5
Explanation: This is a neutral event, simply reporting the vesting of previously granted stock units. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting the vesting of previously granted equity compensation to a company director. It's a routine part of executive compensation and corporate governance.
Stakeholder Impact
- The vesting of RSUs increases the number of shares outstanding, which could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| June 7, 2024 | Date the reporting person was granted RSUs |
| August 20, 2024 | 1/4th of the shares vest |
| February 20 | Quarterly vest date |
| May 20 | Quarterly vest date |
| August 20 | Quarterly vest date |
| November 20 | Quarterly vest date |
| May 20, 2025 | Date of transaction (RSU vesting) |
| May 22, 2025 | Date of report |
Keywords
Arista Networks, ANET, Daniel Scheinman, Director, Restricted Stock Units, RSU, Vesting, Form 4, Beneficial Ownership
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