Giancarlo Charles H 4

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.