Arista (ANET) Director Mark Templeton Receives RSU Award

What Happened

• Mark B. Templeton, a director of Arista Networks, was granted 2,153 restricted stock units (RSUs) on May 29, 2026. The award is recorded at $0.00 per share (no cash purchase); the RSUs are a derivative award that convert to common shares upon vesting.

Key Details

• Transaction date: May 29, 2026; Filing date (Form 4): June 2, 2026.
• Grant: 2,153 RSUs at $0.00 (award/derivative - Code A).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: Each RSU represents a contingent right to one share upon vesting (Footnote F1). Vesting schedule: 1/4 of the award vests on August 20, 2026, then continues to vest quarterly on the first trading day on/after Feb 20, May 20, Aug 20, and Nov 20 (Footnote F2).
• Timeliness: Form 4 was filed a few days after the grant and contains no late-report flag.

Context

• RSUs are compensation awards that convert to actual shares only as they vest; they are not an open-market purchase or immediate sale. These grants are routine director compensation and do not by themselves indicate a buying or selling decision in the market.