Arista Networks, Inc.·4

Jul 6, 6:22 PM ET

Giancarlo Charles H 4

4 · Arista Networks, Inc. · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Arista Networks (ANET) Director Giancarlo Charles Sells Shares

What Happened
Giancarlo Charles, a director of Arista Networks, sold 8,000 shares in a series of open-market transactions on July 1, 2026, generating roughly $1,336,472 in proceeds (overall weighted-average ≈ $167.06/share). The trades were executed in multiple lots at prices reported per-lot (weighted averages) from about $161.44 up to $170.41; individual lot sizes ranged from 28 to 2,133 shares. This was a sale (not a purchase), and the filing notes the sales were effected pursuant to a Rule 10b5‑1 trading plan.

Key Details

  • Transaction date: July 1, 2026; Form 4 filed July 6, 2026 (filed 5 calendar days after the trades; typically due within 2 business days — appears late).
  • Total shares sold: 8,000; Total proceeds: ~$1.34 million; Approx. weighted-average price: $167.06/share.
  • Reported price ranges (per footnotes): individual transactions ranged roughly from $161.44 to $170.41. Several line items list weighted-average prices with ranges and the filer offers to provide per-price breakdown on request.
  • Footnotes: F1 indicates the sales were made under a Rule 10b5‑1 plan entered June 12, 2025. Other footnotes (F2–F11) explain weighted-average pricing across multiple executions; F3 notes some shares are held in a family trust.
  • Shares owned after the transaction: not specified in this filing.

Context

  • A 10b5‑1 plan means these were pre-scheduled trades and are often considered routine, not a direct signal of the insider’s current view of the company.
  • Sales by directors are common for diversification or liquidity; purchases generally carry more informational weight for bullish signals.
  • If you track insider activity, note the apparent late filing — regulators require timely reporting and late filings may attract scrutiny.

Insider Transaction Report

Form 4
Period: 2026-07-01
Transactions
  • Sale

    Common Stock

    [F1][F2][F3]
    2026-07-01$162.34/sh28$4,545200,305 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F4][F3]
    2026-07-01$162.62/sh279$45,370200,026 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F5][F3]
    2026-07-01$164.00/sh490$80,359199,536 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F6][F3]
    2026-07-01$165.37/sh799$132,131198,737 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F7][F3]
    2026-07-01$166.33/sh1,321$219,727197,416 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F8][F3]
    2026-07-01$167.36/sh2,133$356,968195,283 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F9][F3]
    2026-07-01$168.12/sh1,785$300,085193,498 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F10][F3]
    2026-07-01$169.23/sh1,002$169,572192,496 total(indirect: By Trust)
  • Sale

    Common Stock

    [F1][F11][F3]
    2026-07-01$170.03/sh163$27,715192,333 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 $168.82 to $169.8153, 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 $169.8442 to $170.41, 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 $161.44 to $162.39, 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 $162.54 to $163.47, 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 $163.67 to $164.20, 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 $164.80 to $165.7995, 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 $165.80 to $166.7925, 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 $166.80 to $167.79, 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 $167.80 to $168.78, 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- For: Charles Giancarlo|2026-07-06

Documents

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