Battles Kelly Bodnar 4

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.