Wassenaar Yvonne 4
Research Summary
AI-generated summary
Arista Networks (ANET) Director Yvonne Wassenaar Receives RSU Award
What Happened
- Yvonne Wassenaar, a director of Arista Networks, was granted 2,153 restricted stock units (RSUs) on May 29, 2026. The award is reported as a derivative acquisition at $0.00 (no cash paid at grant). Each RSU represents a contingent right to one share of Arista common stock upon vesting.
Key Details
- Transaction date: May 29, 2026; reported on Form 4 filed June 2, 2026 (filed within the usual two-business-day window).
- Grant amount and price: 2,153 RSUs acquired at $0.00 (derivative award).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU converts to one share upon vesting. F2 — 1/4 of the RSUs vest on Aug 20, 2026 and then continue vesting quarterly (the first trading day on/after Feb 20, May 20, Aug 20, Nov 20) thereafter.
- Transaction code: A (award/grant); not a purchase, sale, or option exercise.
Context
- RSU grants are a common form of executive/director compensation and do not reflect an immediate cash outlay or stock sale. These are contingent awards that will become shares over time according to the stated vesting schedule.