Battles Kelly Bodnar 4
4 · Arista Networks, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Arista Networks (ANET) Director Battles Kelly Bodnar Sells Shares
What Happened
- Battles Kelly Bodnar, a director of Arista Networks (ANET), sold a total of 422 shares in open-market transactions on May 21, 2026, for aggregate proceeds of approximately $61,797. The sales were executed under a Rule 10b5-1 trading plan established June 10, 2025 (footnote F1).
- Transaction breakdown:
- 2 shares at $140.49 — $281
- 28 shares at weighted avg $144.23 (prices ranged $143.86–$144.67) — $4,038 (F2)
- 170 shares at weighted avg $145.50 (prices ranged $144.94–$145.93) — $24,735 (F3)
- 54 shares at weighted avg $146.14 (prices ranged $145.94–$146.48) — $7,891 (F4)
- 168 shares at weighted avg $147.93 (prices ranged $147.92–$147.935) — $24,852 (F5)
- This was a sale (S), which is often routine when done under a 10b5-1 plan; it is not, by itself, a clear signal of company outlook.
Key Details
- Transaction date: May 21, 2026. Form filed: May 26, 2026 (appears to be filed after the typical two-business-day window for Form 4s).
- Total shares sold: 422; total proceeds: approximately $61,797.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Notable footnotes:
- F1: Sales effected pursuant to a Rule 10b5-1 trading plan entered June 10, 2025.
- F2–F5: Several blocks reported at weighted-average prices; each footnote lists the specific price ranges and offers to provide per-trade breakdowns on request.
- Transaction code: S = Sale. No option exercises, grants, or gifts reported here.
Context
- Sales made under a pre-established 10b5-1 plan are typically scheduled and meant to avoid trading on material nonpublic information; they are generally considered routine rather than a direct statement about management’s view of the stock.
- Purchases are more often interpreted as a positive signal than sales; this filing documents routine insider selling.
Insider Transaction Report
Form 4
Battles Kelly Bodnar
Director
Transactions
- Sale
Common Stock
[F1]2026-05-21$140.49/sh−2$281→ 10,498 total - Sale
Common Stock
[F1][F2]2026-05-21$144.23/sh−28$4,038→ 10,470 total - Sale
Common Stock
[F1][F3]2026-05-21$145.50/sh−170$24,735→ 10,300 total - Sale
Common Stock
[F1][F4]2026-05-21$146.14/sh−54$7,891→ 10,246 total - Sale
Common Stock
[F1][F5]2026-05-21$147.93/sh−168$24,852→ 10,078 total
Footnotes (5)
- [F1]The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 10, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.86 to $144.67, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.94 to $145.93, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.94 to $146.48, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.92 to $147.935, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kelly Battles|2026-05-26