Ullal Jayshree 4
Research Summary
AI-generated summary
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.