Arista Networks (ANET) CTO shifts 88,784 shares among family trusts

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Arista Networks, Inc. President and CTO Kenneth Duda reported internal restructuring of his indirect holdings in company common stock. The Form 4 shows two non-market "J" code transactions totaling 44,392 shares each, moved among family-related trusts and grantor retained annuity trusts at a price of $0.00 per share, reflecting entity transfers rather than open-market trading. After these changes, he reports indirect holdings that include 757,755 shares held by a GRAT in his name, 756,272 shares held by a separate GRAT, 482,400 shares held by a 501(c) foundation where he and his spouse are co-trustees, and 1,063,168 shares held in a children’s trust where he disclaims beneficial ownership. He also reports 12,976 shares held directly and 106,890 shares held by a family trust for which he is co-trustee.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Duda Kenneth

Role President and CTO

Type	Security	Shares	Price	Value
Other	Common Stock	44,392	$0.00	--
Other	Common Stock	44,392	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 757,755 shares (Indirect, By GRAT JD); Common Stock — 12,976 shares (Direct, null)

Footnotes (1)

Represents 44,392 shares from the Jennifer Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Represents an aggregate of 44,392 shares contributed from the GRAT of the Reporting Persons spouse. These shares are held by a family trust for which the reporting person is co-trustee. These shares are held in a trust for the benefit of a Child of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.

Key Figures

Restructuring shares: 88,784 shares Individual restructuring leg: 44,392 shares Trust holding (GRAT JD): 757,755 shares +5 more

8 metrics

Restructuring shares 88,784 shares Aggregate shares in two J-code restructuring transactions

Individual restructuring leg 44,392 shares Each J-code transfer between family-related trusts

Trust holding (GRAT JD) 757,755 shares Indirectly held by GRAT JD after restructuring

Trust holding (GRAT KD) 756,272 shares Indirectly held by GRAT KD

Children’s trust holding 1,063,168 shares Held for benefit of child; beneficial ownership disclaimed

Foundation holding 482,400 shares Held by 501(c) foundation with Duda and spouse as co-trustees

Family trust holding 106,890 shares Held by a family trust where Duda is co-trustee

Direct holding 12,976 shares Shares held directly by Kenneth Duda

Key Terms

GRAT, Annuity Trust, 501(c) Foundation, beneficial ownership, +1 more

5 terms

GRAT financial

"Represents an aggregate of 44,392 shares contributed from the GRAT of the Reporting Persons spouse."

Annuity Trust financial

"Represents 44,392 shares from the Jennifer Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust."

501(c) Foundation financial

"These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee."

beneficial ownership financial

"The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

co-trustee financial

"These shares are held by a family trust for which the reporting person is co-trustee."

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 07:08 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Duda Kenneth

(Last)

(First)

(Middle)

5453 GREAT AMERICA PARKWAY

(Street)

SANTA CLARA

CALIFORNIA

95054

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CTO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/11/2026		J⁽¹⁾		44,392	D	$0.0	757,755	I	By GRAT JD⁽²⁾
Common Stock	06/11/2026		J⁽³⁾		44,392	A	$0.0	106,890	I	by Trust⁽⁴⁾
Common Stock								12,976	D
Common Stock								1,063,168	I	By Childrens' Trust⁽⁵⁾
Common Stock								482,400	I	By Foundation⁽⁶⁾
Common Stock								756,272	I	By GRAT KD⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents 44,392 shares from the Jennifer Duda Annuity Trust to the Kenneth and Jennifer Duda Living Trust.

2. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.

3. Represents an aggregate of 44,392 shares contributed from the GRAT of the Reporting Persons spouse.

4. These shares are held by a family trust for which the reporting person is co-trustee.

5. These shares are held in a trust for the benefit of a Child of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.

6. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.

7. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.

	By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Arista Networks (ANET) executive Kenneth Duda report in this Form 4?

Kenneth Duda reported internal transfers of Arista Networks common stock among family-related trusts. The filing shows non-market restructuring transactions coded "J" and updated indirect and direct share holdings across several trusts and a family foundation.

How many Arista Networks shares were moved in Kenneth Duda’s restructuring?

The filing shows two restructuring transactions of 44,392 Arista Networks shares each. These "J" code entries reflect movements between the Jennifer Duda Annuity Trust, a GRAT of his spouse, and related family trusts, all at a stated price of $0.00 per share.

How many Arista Networks shares does Kenneth Duda report holding indirectly after these transactions?

After the restructuring, Kenneth Duda reports several indirect positions, including 757,755 shares in a GRAT, 756,272 shares in another GRAT, 482,400 shares in a 501(c) foundation, 1,063,168 shares in a children’s trust, and 106,890 shares in a family trust.

Does Kenneth Duda hold Arista Networks shares directly following this Form 4?

Yes. In addition to multiple indirect positions through trusts and a foundation, Kenneth Duda reports 12,976 Arista Networks common shares held directly. The filing does not show open-market buying or selling, only internal entity transfers coded as restructuring.

Were Kenneth Duda’s Arista Networks transactions open-market buys or sells?

No. The transactions are coded "J" for "other acquisition or disposition" with a price of $0.00 per share. Footnotes explain they represent contributions and transfers among family-related trusts and a GRAT, rather than open-market purchases or sales of Arista Networks stock.