Arista Networks, Inc.·4

Jun 2, 7:10 PM ET

Lavender Robert G 4

Research Summary

AI-generated summary

Updated

Arista Networks (ANET) Director Robert Lavender Receives RSU Award

What Happened

  • Robert G. Lavender, a director of Arista Networks, was granted 2,153 restricted stock units (RSUs) on May 29, 2026. The Form 4 shows an acquisition of 2,153 units at $0.00 (a non-cash award/derivative grant).
  • The filing reports a grant (award) rather than a purchase or sale; no cash changed hands on the grant date. The reported dollar amount on the Form 4 is $0 because these are contingent units that convert to common shares upon vesting.

Key Details

  • Transaction date: May 29, 2026; Price: $0.00 (award/derivative).
  • Shares/units granted: 2,153 restricted stock units (each unit represents a right to one share on vesting).
  • Shares owned after transaction: Not specified in the provided filing.
  • Vesting notes (from the filing): 1/4 of the RSUs vest on August 20, 2026, then continue vesting quarterly on the first trading day on or after Feb 20, May 20, Aug 20, and Nov 20 (per footnotes).
  • Filing timeliness: Form 4 filed June 2, 2026 — appears to be timely (within the two business-day reporting window).

Context

  • RSUs are a compensation award that convert to common shares as they vest; they are not an open-market buy (which some investors view as a stronger bullish signal). This grant signals compensation/alignment with shareholders rather than a personal purchase.
  • No indication of a 10b5‑1 plan, tax-withholding sale, or option exercise in this filing.