Ullal Jayshree 4
Research Summary
AI-generated summary
Arista Networks (ANET) CEO Jayshree Ullal Sells Shares
What Happened
- Jayshree Ullal, CEO and Chairperson of Arista Networks (ANET), sold a total of 234,578 shares in open-market/private sales on July 10, 2026. The transactions consisted of 36,888 shares, 36,888 shares, and 160,802 shares at a weighted average price of $187.18, generating combined proceeds of approximately $43,907,279.
- These were sales (not purchases), typically viewed as routine liquidity events rather than direct statements about company prospects.
Key Details
- Transaction date: 2026-07-10; Form 4 filed: 2026-07-14 (timely — within the 2-business-day reporting window).
- Prices: weighted average $187.18; executed at prices ranging from $187.00 to $187.42 (multiple executions).
- Total shares sold: 234,578; total proceeds: ~$43.9 million.
- Footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan entered/adopted by the reporting person on November 14, 2025 (footnotes F1 and F4). Some related shares are held in family trusts for which Ullal serves as trustee/co-trustee; she shares voting and investment control but disclaims beneficial ownership (footnotes F3, F5, F6).
- Shares owned after the transaction are not specified in the information provided in this summary.
Context
- These sales were made under a pre-established 10b5-1 plan, which allows scheduled trades by insiders and is commonly used to avoid questions about timing. Such planned sales are generally considered routine and do not necessarily reflect the insider’s current view of the company.