SEC Form 4 · accession 0001596532-26-000136
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andreas Bechtolsheim
10% Owner
Period of report
Jun 4, 2026
Accepted (ET)
Jun 8, 2026 · 7:15 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001596532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 4, 2026 | M | 61,328 | $15.2625 | A | 475,176 | D | |
| Common Stock | Jun 4, 2026 | M | 96,672 | $14.1463 | A | 571,848 | D | |
| Common StockF2 | Jun 4, 2026 | S | 5,366 | $158.072 | D | 566,482 | D | |
| Common StockF3 | Jun 4, 2026 | S | 7,540 | $159.0121 | D | 558,942 | D | |
| Common StockF4 | Jun 4, 2026 | S | 4,511 | $160.0436 | D | 554,431 | D | |
| Common StockF5 | Jun 4, 2026 | S | 8,646 | $161.0974 | D | 545,785 | D | |
| Common StockF6 | Jun 4, 2026 | S | 123,450 | $162.0824 | D | 422,335 | D | |
| Common StockF7 | Jun 4, 2026 | S | 9,107 | $163.0402 | D | 413,228 | D | |
| Common StockF8 | Jun 4, 2026 | S | 23,984 | $164.2047 | D | 389,244 | D | |
| Common StockF9 | Jun 4, 2026 | S | 18,660 | $164.9727 | D | 370,584 | D | |
| Common StockF10 | Jun 4, 2026 | S | 11,950 | $166.1448 | D | 358,634 | D | |
| Common StockF11 | Jun 4, 2026 | S | 26,383 | $167.1498 | D | 332,251 | D | |
| Common StockF12 | Jun 4, 2026 | S | 403 | $167.6589 | D | 331,848 | D | |
| Common StockF13 | holding | — | — | — | 182,803,048 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F14 | $14.1463 | Jun 4, 2026 | M | 96,672 | D | — | Feb 7, 2029 | Common Stock | 96,672 | 0 | D |
| Non-Qualified Stock Option (right to buy)F15 | $15.2625 | Jun 4, 2026 | M | 61,328 | D | — | Apr 12, 2028 | Common Stock | 61,328 | 0 | D |
Explanation of responses
- F1The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on February 20, 2026.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.60 to $166.485, 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.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.62 to $167.615, 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.
- F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.625 to $167.745, 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.
- F13These shares are held by a family trust for which the reporting person is a trustee.
- F141/48th of the shares subject to the option vested and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
- F151/48th of the shares subject to the option vested and become exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.545 to $158.53, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.55 to $159.52, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.555 to $160.545, 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.57 to $161.555, 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.57 to $162.555, 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.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.60 to $163.585, 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.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.60 to $164.595, 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.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.60 to $165.595, 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.