Arista Networks, Inc.·4

Jun 2, 7:11 PM ET

Battles Kelly Bodnar 4

Research Summary

AI-generated summary

Updated

Arista Networks (ANET) Director Kelly Bodnar Receives RSU Award

What Happened
Kelly Bodnar, a director of Arista Networks, was granted 2,153 restricted stock units (RSUs) on May 29, 2026. The RSUs were awarded at $0.00 (no cash purchase); they are derivative awards that convert to common shares only upon vesting.

Key Details

  • Transaction date: May 29, 2026; Award type: A (grant/award of RSUs) at $0.00 per unit (derivative).
  • Filing date: June 2, 2026 — filed within the standard two-business-day Form 4 deadline.
  • Shares acquired: 2,153 RSUs (contingent rights to shares); total dollar value at grant shown as $0 (award).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — each RSU represents a contingent right to one Arista share upon vesting. F2 — vesting: 1/4 vests on Aug 20, 2026, then continues to vest quarterly (first trading day on/after Feb 20, May 20, Aug 20, Nov 20).

Context
RSU awards are common director compensation and only become actual shares (and taxable events) as they vest. This grant is not an open-market purchase or sale and does not indicate an immediate change in market exposure; it represents future potential share receipt according to the stated vesting schedule.