Arista Networks CEO Jayshree Ullal Reports $21.1M Share Sale via 10b5-1 Plan

Arista Networks, Inc. ($ANET) Insider Sale Analysis

Executive Overview: On October 7, 2026, Jayshree Ullal, CEO and Chairperson of Arista Networks, Inc., executed sales totaling 96,992 shares of Common Stock at a volume-weighted average price of $217.1408 per share, generating aggregate proceeds of approximately $21.06 million.

Transaction Breakdown:

• Child Trust 1: Sold 13,860 shares; remaining balance: 4,797,347 shares.
• Child Trust 2: Sold 13,860 shares; remaining balance: 4,797,347 shares.
• Family Trust: Sold 69,272 shares; remaining balance: 15,545,738 shares.
• Total Disposed: 96,992 shares across three separate trust entities.

Key Takeaways:

1. Pre-Arranged 10b5-1 Trading Plan: All transactions were conducted pursuant to Rule 10b5-1 trading plans established on November 14, 2025, mitigating concerns regarding opportunistic timing or non-public information.
2. De Minimis Proportion of Overall Holdings: Despite the significant dollar volume (~$21.1M), the shares sold represent less than 0.4% of the combined indirect and direct holdings beneficially controlled or associated with the CEO (which exceed 25 million shares across various trusts and direct accounts).
3. Market Impact: Given the pre-planned nature and fractional impact on total ownership, the trading significance is rated Medium based on total dollar value, but does not signal a shift in executive conviction.