Form 4: Arista Networks Director Kelly Battles Reports Stock Unit Vesting
SEC Form 4
Director Kelly Battles reports the vesting of restricted stock units in Arista Networks, Inc.
Summary
- On February 20, 2025, Kelly Battles, 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, Battles directly owns 8,972 shares of Arista Networks common stock and 844 RSUs.
- The RSUs were granted on June 7, 2024, and vest quarterly.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock unit vesting, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors.
Stakeholder Impact
- The vesting of RSUs has 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, 2025 | 844 Restricted Stock Units vested |
| February 24, 2025 | Date of Form 4 filing |
Keywords
Arista Networks, ANET, Kelly Battles, Director, Restricted Stock Units, RSU, Vesting, Form 4, Beneficial Ownership
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