Arista Networks, Inc.·4

Jun 3, 7:16 PM ET

Giancarlo Charles H 4

4 · Arista Networks, Inc. · Filed Jun 3, 2026

Research Summary

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Arista Networks Director Giancarlo Charles Sells 8,000 Shares

What Happened

  • Giancarlo Charles, a director of Arista Networks (ANET), sold a total of 8,000 shares in open-market transactions on June 1, 2026. The individual sales were executed at multiple prices (reported entries include per-lot weighted-average prices from about $162.28 up to $171.72), producing aggregate proceeds of approximately $1,352,727.
  • These were sales (not purchases or option exercises), which are often routine liquidity events by insiders rather than explicit signals of company outlook.

Key Details

  • Transaction date: 2026-06-01 (Form 4 filed 2026-06-03 — appears timely).
  • Total shares sold: 8,000; approximate total proceeds: $1,352,727.
  • Price range: reported weighted-average prices and footnotes indicate sales occurred roughly across $162.08 to $172.28 (several line items are weighted averages across sub-ranges — see Form 4 footnotes for per-trade breakdown).
  • Footnotes: At least some sales were made pursuant to a Rule 10b5-1 trading plan (entered June 12, 2025). Multiple entries note weighted-average pricing and commit to providing detailed per-price breakdowns on request.
  • Shares owned after transaction: not specified in the provided excerpt — consult the full Form 4 for ending ownership.

Context

  • Sales under a 10b5-1 plan are pre-arranged trading programs that allow insiders to sell shares on a preset schedule; these are typically viewed as routine liquidity arrangements rather than spontaneous market bets.
  • For retail investors, purchases generally carry more informational weight than routine sales; this filing documents a planned disposal of holdings.

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Sale

    Common Stock

    [F1][F2][F3]
    2026-06-01$162.28/sh302$49,008208,031 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F4][F3]
    2026-06-01$164.48/sh52$8,553207,979 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F5][F3]
    2026-06-01$165.89/sh81$13,437207,898 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F6][F3]
    2026-06-01$166.76/sh916$152,750206,982 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F7][F3]
    2026-06-01$167.70/sh1,467$246,011205,515 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F8][F3]
    2026-06-01$168.92/sh1,271$214,696204,244 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F9][F3]
    2026-06-01$169.79/sh1,092$185,406203,152 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F10][F3]
    2026-06-01$170.87/sh1,413$241,434201,739 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F11][F3]
    2026-06-01$171.72/sh1,406$241,432200,333 total(indirect: By Trust)
Holdings
  • Common Stock

    971
Footnotes (11)
  • [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 12, 2025.
  • [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.32 to $171.31, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.32 to $172.28, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.08 to $163.00, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F3]These shares are held by a family trust for which the reporting person is co-trustee.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.00 to $164.99, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.29 to $166.25, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.29 to $167.26, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.30 to $168.26, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.31 to $169.30, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.32 to $170.31, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Charles Giancarlo|2026-06-03

Documents

1 file
  • 4
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