Form 4: Yvonne Wassenaar Reports Stock Vesting in Arista Networks
SEC Form 4
Director Yvonne Wassenaar reports the vesting of restricted stock units in Arista Networks (ANET) on August 20, 2024.
Summary
- Yvonne Wassenaar, a director of Arista Networks, Inc. (ANET), reported the vesting of restricted stock units.
- On August 20, 2024, 211 shares vested from previously granted restricted stock units.
- Following the transaction, Wassenaar directly owns 3,187 shares of Arista Networks common stock and 634 restricted stock units.
- The restricted stock units were granted on June 7, 2024, and vest quarterly.
Sentiment
Score: 5
Explanation: This is a neutral report of stock vesting, a routine part of executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| June 7, 2024 | Date the reporting person was granted RSUs |
| August 20, 2024 | Date of transaction (vesting of restricted stock units) |
| August 22, 2024 | Date of report filing |
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