CHEW LEWIS 4
4 · Arista Networks, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Arista (ANET) Director Lewis Chew Exercises 971 RSUs
What Happened Lewis Chew, a director of Arista Networks (ANET), recorded the exercise/conversion of 971 derivative units on May 20, 2026. The Form 4 shows 971 shares "acquired" and a matching 971 shares "disposed" under transaction code M, each at $0.00 (the filing reports $0 value, consistent with RSU vesting/conversion rather than a cash purchase or open-market sale).
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely).
- Reported entries: 971 shares acquired @ $0.00 and 971 shares disposed @ $0.00 (code M = exercise/conversion of derivative).
- Shares owned after transaction: not specified in the provided data.
- Footnotes: F1 = each RSU converts to one share upon vesting; F2 = these RSUs were granted 2025-05-30 and vest quarterly (first trading day on/after Feb 20/May 20/Aug 20/Nov 20).
- No 10b5-1 plan, tax-withholding, or open-market sale is indicated in the provided filing.
Context This filing documents a routine RSU vesting/conversion event rather than a market buy or sell. The $0.00 reporting reflects conversion of derivative units (RSUs) into stock; there is no explicit indication in the filing that shares were sold in the open market. Routine vesting events by directors are common and do not, by themselves, imply a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-20+971→ 31,232 total - Exercise/Conversion
Restricted Stock Unit-5
[F1][F2]2026-05-20−971→ 0 totalExercise: $0.00→ Common Stock (971 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- [F2]The reporting person was granted RSUs on May 30, 2025. 1/4th of the shares vest on August 20, 2025 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20.