Duda Kenneth 4

What Happened

• Kenneth Duda, President, CTO and a director of Arista Networks (ANET), reported transfers of Arista shares on March 11, 2026. The filing shows two dispositions of 55,814 shares each (reported at $0.00) and an aggregate acquisition of 111,628 shares (reported at $0.00). Footnotes indicate these moves represent shares contributed from Grantor Retained Annuity Trusts (GRATs) into a family trust and related trust transfers — i.e., internal trust reallocation, not open‑market sales or purchases.

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed within the typical two-business‑day window).
• Reported prices: $0.00 for each disposition/acquisition (indicates transfer between trusts, not a cash transaction).
• Reported movements: two disposals of 55,814 shares and one acquisition of 111,628 shares (aggregate).
• Footnotes: transfers from the Reporting Person’s GRAT and spouse’s GRAT into a Family Trust (F1, F3, F5); reporting person and spouse serve as trustees for certain trusts (F2, F4); shares held by family trust and other related trusts/501(c) foundation where reporting person is co‑trustee or disclaims beneficial ownership (F6–F8).
• Shares owned after transaction: not separately stated in the summary provided.

Context

• These transactions are internal trust transfers (contributions from GRATs to family/related trusts) and involve no cash — they are not market buys or sells and do not necessarily signal the insider’s view on the stock. For retail investors, purchases are usually more informative; transfers among trusts are often estate‑planning or tax‑related.