Form 4: Arista Networks Director Yvonne Wassenaar Sells Shares Under 10b5-1 Plan

Arista Networks director Yvonne Wassenaar sold a total of 168 shares of common stock on January 21, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Yvonne Wassenaar, a director at Arista Networks, sold 168 shares of common stock on January 21, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 13, 2024.
• The shares were sold in multiple transactions at weighted average prices of $120.3259, $121.4902, and $121.79.
• The total number of shares owned by the director after the transactions was 13,428.
• All share amounts have been adjusted to reflect a four-for-one stock split that occurred on December 4, 2024.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by a director under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine disclosure of stock sales by a company director, which is common practice for executives and board members of publicly traded companies. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any non-public information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice for corporate insiders to avoid accusations of insider trading.
• The reported transactions are typical for directors who may have stock options or grants as part of their compensation.
• The stock split is a common corporate action to increase the number of shares and potentially improve liquidity.

Stakeholder Impact

• The stock sales by the director may have a minor impact on the stock price, but the use of a 10b5-1 plan suggests that the sales were not based on any inside information.

Key Dates

Keywords

Arista Networks, insider trading, stock sale, Form 4, Rule 10b5-1, Yvonne Wassenaar, director, stock split