Arista Networks CTO Kenneth Duda Transfers 57,232 Shares

What Happened

• Kenneth Duda, President, CTO and a director of Arista Networks (ANET), reported internal trust transfers on Sep 10, 2026. The Form 4 shows two dispositions of 28,616 shares each (reported at $0.00) and one acquisition of 57,232 shares (reported at $0.00). All transactions are coded as “Other acquisition or disposition (J),” indicating transfers between trusts rather than open‑market sales or purchases.

Key Details

• Transaction date: 2026-09-10; all reported at $0.00 per share (no cash proceeds).
• Reported entries: two disposals of 28,616 shares and one acquisition of 57,232 shares (aggregate movement = 57,232 shares).
• Filing: Form 4 filed 2026-09-14 reporting the Sep 10 transactions; this filing date appears timely under the two‑business‑day rule.
• Footnotes summary:
  • F1/F3: 28,616 shares from the Jennifer and Kenneth Duda Annuity Trusts were moved to the Kenneth and Jennifer Duda Living Trust.
  • F5: 57,232 shares reflect transfers from the GRATs (28,616 from Kenneth’s GRAT and 28,616 from his spouse’s GRAT) to a Family Trust.
  • F2/F4/F6–F8: describe trustee roles and trust ownership — the reporting person or spouse serve as trustees/co‑trustees for the involved trusts and certain shares are held for children or a 501(c) foundation; the reporting person disclaims beneficial ownership where noted.
• Shares owned after the transactions: Not specified in the filing.

Context

• These transactions are internal family/trust transfers (zero-dollar transfers) and are not open‑market purchases or sales. Such transfers typically reflect estate, tax or family trust planning and do not by themselves signal insider sentiment about the company’s stock price.