Ullal Jayshree 4
4 · Arista Networks, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Arista Networks (ANET) CEO Jayshree Ullal Sells Shares
What Happened
Jayshree Ullal, CEO and Chairperson of Arista Networks, sold a total of 13,809 shares in open-market transactions on May 26, 2026, realizing roughly $2,141,004. The sales were reported as four dispositions:
- 7,740 shares at a weighted average price of $154.47 — $1,195,616 (prices ranged $154.00–$154.97)
- 3,794 shares at a weighted average price of $155.48 — $589,881 (prices ranged $155.00–$155.95)
- 2,175 shares at a weighted average price of $156.22 — $339,777 (prices ranged $156.00–$156.52)
- 100 shares at $157.30 — $15,730
These were sales (not purchases), typically viewed as routine liquidity events rather than bullish insider buying.
Key Details
- Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (timely filing).
- Total shares sold: 13,809; total proceeds: approximately $2,141,004.
- Price details: the filing reports weighted-average prices for three lots with specified price ranges (see above); one lot shows a single price.
- Notable footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by Ullal on November 14, 2025.
- Ownership after transaction: The Form 4 does not specify the total shares beneficially owned by the reporting person after these sales.
- Other footnotes indicate certain shares are held in family trusts for which Ullal serves as trustee/co-trustee and that she disclaims beneficial ownership of those trust-held shares.
Context
These sales were executed under a pre-established 10b5-1 plan, which usually means the trades were planned in advance and are not ad hoc reactions to company news. For retail investors, selling by insiders is common for diversification or tax/liquidity needs and is less informative than insider buying when gauging management’s view of future prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-26$154.47/sh−7,740$1,195,616→ 15,986 total - Sale
Common Stock
[F1][F3]2026-05-26$155.48/sh−3,794$589,881→ 12,192 total - Sale
Common Stock
[F1][F4]2026-05-26$156.22/sh−2,175$339,777→ 10,017 total - Sale
Common Stock
[F1]2026-05-26$157.30/sh−100$15,730→ 9,917 total
- 5,209,207(indirect: By Trust)
Common Stock
[F5] - 5,209,207(indirect: By Trust)
Common Stock
[F5] - 30,000(indirect: By Trust)
Common Stock
[F6] - 30,000(indirect: By Trust)
Common Stock
[F6] - 17,482,010(indirect: By Trust)
Common Stock
[F7]
Footnotes (7)
- [F1]The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.00 to $154.97, 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 $155.00 to $155.95, 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 $156.00 to $156.52, 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]These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
- [F6]These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
- [F7]These shares are held by a family trust for which the reporting person is co-trustee.