Lavender Robert G 4
4 · Arista Networks, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Arista (ANET) Director Robert Lavender Exercises RSUs
What Happened
Robert G. Lavender, a director of Arista Networks, reported the conversion/vesting of 807 restricted stock units into 807 shares on May 20, 2026. The Form 4 shows an "exercise/conversion" (code M) acquiring 807 shares at $0.00 and a corresponding disposition of 807 shares at $0.00. No cash value is reported for these line items.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22).
- Reported transactions: 807 shares acquired via conversion (M) at $0.00; 807 shares disposed (M) at $0.00.
- Shares owned following the reported transactions: not specified in the filing (footnote notes rounding and a fractional share may be included).
- Footnotes: F1 clarifies each restricted stock unit (RSU) is a contingent right to one share upon vesting; F3 notes these RSUs were granted 3/14/2025 and vest quarterly (Feb/May/Aug/Nov 20), explaining the May 20 conversion.
- No late filing is indicated (transaction on May 20, Form 4 filed May 22).
Context
This transaction reflects RSU vesting/conversion rather than an open‑market buy or sale. Form 4s for RSU vesting often show both the conversion (acquisition of shares) and a corresponding disposition line when shares are withheld or settled; the filing here reports both steps at $0.00. Such vesting events are routine compensation-related transactions and do not by themselves signal a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-05-20+807→ 4,069 total - Exercise/Conversion
Restricted Stock Unit-2
[F1][F3]2026-05-20−807→ 0 totalExercise: $0.00→ Common Stock (807 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- [F2]The sum of the shares reflects a rounded whole number of shares held. The actual number includes a fractional share of stock.
- [F3]The reporting person was granted RSUs on March 14, 2025. 1/4th of the shares vested 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.