Form 4: Arista Networks Director Lewis Chew Reports Stock Unit Vesting
SEC Form 4
Director Lewis Chew reports the vesting of restricted stock units into Arista Networks common stock.
Summary
- On May 20, 2025, Lewis Chew, a director of Arista Networks, Inc., had 844 restricted stock units (RSUs) vest and convert into common stock.
- Following this transaction, Chew directly owns 27,348 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 at the same rate on subsequent quarterly vest dates.
Sentiment
Score: 7
Explanation: This Form 4 filing is a routine disclosure of stock vesting, indicating standard executive compensation practices. It doesn't inherently suggest positive or negative sentiment, but reflects ongoing operations.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
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 |
| May 20, 2025 | Transaction Date: 844 shares vested |
| May 22, 2025 | Date of report |
Keywords
Arista Networks, ANET, Lewis Chew, Director, Stock, Restricted Stock Units, Vesting, Form 4
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