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Arista Networks Inc.

Andreas Bechtolsheim (10% owner) sells ANET shares

4ANETFiled Nov 9, 2026, 7:06 PM ET· Period Nov 5, 2026

AI-generated summary

Andreas Bechtolsheim, 10% owner, sold 260,000 shares of common stock indirectly by trust for approximately $43,016,606.32 at an average price of $165.45 per share. Following the transaction, the reporting person indirectly held 180,015,156 shares by trust. The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on February 20, 2026.

View original filing on SEC.gov (opens SEC EDGAR)

Key facts

Insider
Andreas Bechtolsheim · 10% owner

Rule 10b5-1 plan

DateTransactionSharesPriceValueHeld afterOwnership
Nov 5, 2026S · open-market saleFootnotes F1, F2, F3−8,775$159.11$1,396,161.29180,266,381Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F4, F3−18,582$159.92$2,971,626.01180,247,799Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F5, F3−21,923$160.77$3,524,626.48180,225,876Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F6, F3−10,649$161.80$1,722,981.58180,215,227Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F7, F3−8,079$162.82$1,315,447.02180,207,148Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F8, F3−9,522$163.92$1,560,884.33180,197,626Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F9, F3−9,029$164.89$1,488,757.50180,188,597Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F10, F3−32,951$166.00$5,469,895.66180,155,646Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F11, F3−77,657$166.90$12,960,603.84180,077,989Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F12, F3−33,469$167.88$5,618,769.03180,044,520Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F13, F3−10,473$168.89$1,768,746.22180,034,047Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F14, F3−10,528$169.90$1,788,757.73180,023,519Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F15, F3−7,664$170.86$1,309,504.76180,015,855Indirect (by Trust)
Nov 5, 2026S · open-market saleFootnotes F1, F16, F3−699$171.45$119,844.88180,015,156Indirect (by Trust)
Footnotes
  1. F1 The 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.
  2. F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.35 to $159.3475, 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.
  3. F3 These shares are held by a family trust for which the reporting person is a trustee.
  4. F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.35 to $160.3475, 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.
  5. F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.355 to $161.3525, 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.
  6. F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.355 to $162.35, 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.
  7. F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.3575 to $163.34, 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.
  8. F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.36 to $164.355, 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.
  9. F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.38 to $165.37, 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.
  10. F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.3975 to $166.39, 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.
  11. F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.40 to $167.39, 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.
  12. F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.40 to $168.39, 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.
  13. F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.40 to $169.38, 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.
  14. F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.40 to $170.395, 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.
  15. F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.40 to $171.3925, 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.
  16. F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.40 to $171.5475, 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.

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