Form 4: Arista Networks Director Yvonne Wassenaar Reports Stock Transactions
SEC Form 4
Director Yvonne Wassenaar reports the vesting of restricted stock units and subsequent acquisition of Arista Networks common stock.
Summary
- On May 20, 2024, Yvonne Wassenaar, a director of Arista Networks, Inc., had 372 restricted stock units (RSUs) vest.
- These RSUs converted into 372 shares of Arista Networks common stock.
- Following the transaction, Wassenaar directly owns 3,199 shares of Arista Networks common stock.
- The RSUs were initially granted on June 14, 2023, and vest quarterly.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| June 14, 2023 | Date the reporting person was granted RSUs |
| August 20, 2023 | 1/4th of the shares vest |
| February 20, 2024 | Quarterly vest date |
| May 20, 2024 | Quarterly vest date and transaction date |
| May 22, 2024 | Date of the signature |
| August 20, 2024 | Quarterly vest date |
| November 20, 2024 | Quarterly vest date |
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