Ullal Jayshree 4
Research Summary
AI-generated summary
Arista (ANET) CEO Jayshree Ullal Sells 242,422 Shares
What Happened
- Jayshree Ullal, CEO and Chairperson of Arista Networks, reported multiple open‑market sales on July 9, 2026 totaling 242,422 shares for aggregate proceeds of about $45,616,221. Individual reported blocks include sales at weighted-average prices of $187.31, $188.56 and $189.18 (several entries repeat those weighted averages across different share blocks). Notable blocks: 52,351 shares at $187.31 ($9.81M) and 113,134 shares at $188.56 ($21.33M).
Key Details
- Transaction date: July 9, 2026; Form 4 filed July 13, 2026 (four days after the trades).
- Price range reported across transactions: approximately $187.00 to $189.26 (footnotes state the listed prices are weighted averages from multiple trades within those ranges).
- Shares owned after the transaction: not specified in the excerpt of this filing.
- Material footnotes: sales were effected under a Rule 10b5‑1 trading plan adopted November 14, 2025 for the benefit of relatives; some shares sold were held in or by family trusts for which Ullal serves as trustee/co‑trustee and she disclaims beneficial ownership of those trust shares. The filer offers to provide per‑trade breakdowns upon request per the footnotes.
Context
- These were planned sales under a 10b5‑1 arrangement (prearranged trading plan), which means the transactions were pre-authorized rather than necessarily reflecting a contemporaneous view of the stock. For retail investors, purchases typically convey stronger positive signals than routine, preplanned sales; this filing documents a sizeable, preplanned disposition by the company’s CEO.