Form 4: Arista Networks Director Kelly Battles Reports Stock Transactions
SEC Form 4
Director Kelly Battles reports the vesting of restricted stock units in Arista Networks.
Summary
- Kelly Battles, a director of Arista Networks, reported a transaction involving restricted stock units.
- On May 20, 2024, 372 shares of common stock were acquired through the vesting of restricted stock units.
- The price per share for the transaction was $0.0.
- Following the transaction, Battles directly owns 2,942 shares of Arista Networks common stock.
- The restricted stock units were granted on June 14, 2023, and vest quarterly.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Arista Networks.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 06/14/2023 | Date the reporting person was granted RSUs |
| 08/20/2023 | 1/4th of the shares vest |
| 05/20/2024 | Date of transaction where 372 shares vested |
| 05/22/2024 | Date of report |
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