Scheinman Daniel 4

What Happened

• Daniel Scheinman, a director of Arista Networks, was granted 2,153 restricted stock units (RSUs) on May 29, 2026. The award is reported as an acquisition (derivative) at $0.00 per share (no cash exchanged). Each RSU represents a contingent right to receive one share of Arista common stock upon vesting.

Key Details

• Transaction date: May 29, 2026; Form 4 filed June 2, 2026 (timely within the two-business-day reporting window).
• Grant size and price: 2,153 RSUs granted at $0.00 per unit (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — each RSU converts to one share upon vesting. F2 — vesting schedule: 1/4 of the RSUs vest on August 20, 2026, then continue to vest quarterly on the first trading day on/after Feb 20, May 20, Aug 20, and Nov 20.
• No 10b5-1 plan, tax-withholding sale, or sale/exercise reported in this filing.

Context

• RSU grants are a common form of director compensation and do not involve an open-market purchase or sale; they only convert to actual shares when they vest. Because these are awarded equity units, they do not by themselves indicate a buy or sell decision by the insider until vesting (and any subsequent sale) occurs.