John F. McCool - Feb 22, 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: John F. McCool
Stock symbol
ANET
Transactions as of
Feb 22, 2024
Transactions value $
-$1,437,576
Form type
4
Date filed
2/26/2024, 07:18 PM
Previous filing
Feb 22, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Sale -$1.44M -5.37K -74.99% $267.51 1.79K Feb 22, 2024 by Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2023.
F2 These shares are held by a family trust for which the reporting person is co-trustee.