Arista (ANET) Director Giancarlo Charles H Sells 8,000 Shares

What Happened

• Giancarlo Charles H, a director of Arista Networks, sold a total of 8,000 shares in multiple open-market transactions on August 3, 2026, generating aggregate proceeds of approximately $1,448,179. Individual reported trades ranged from 102 to 1,303 shares at reported prices between $174.49 and $186.35 per share (see footnotes for weighted-average groupings).

Key Details

• Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (appears filed within the 2-business-day window).
• Total shares sold: 8,000; approximate total proceeds: $1,448,179.
• Reported price range (per entries and footnotes): roughly $174.01 to $186.52; several line items report weighted-average prices for groups of trades (see F2–F15).
• Notable footnotes: F1—these sales were effected pursuant to a Rule 10b5-1 trading plan entered June 12, 2025; F3—some shares are held in a family trust for which the reporting person is co-trustee. The filing includes multiple weighted-average price footnotes (F2–F15) that break out price ranges for grouped transactions.
• Shares owned after the transactions: not specified in the excerpt provided.

Context

• This was a sale (routine liquidity), not a purchase—sales under a pre-arranged 10b5-1 plan are typically scheduled in advance and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases by insiders tend to be more indicative than routine sales, but the 10b5-1 disclosure helps show these were pre-planned trades.