Insider trade

Director sold ~$1.23M of ANET shares in the open market

Traded Jan 20, 2026 · Filed Jan 23, 2026

~$1.23M
Reported value · 9,600 sh @ $128.0123: 26K
Holds after · shares reported: +62.3%
stock since the trade · S&P 500 +14.3%, $127.52 → $206.90 on Oct 5

Why it stands out

A board member of Arista Networks sold $1.23M of Arista Networks shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 20, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 23, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,228,918

Shares × reported transaction price

Timing vs results

77 days after results of Nov 4, 2025, 23 days before results of Feb 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $127.52 on Jan 20, 2026, 98% above its 52-week low and 21% below its high, little changed over the previous 30 trading days

52-week range $64.37 (Apr 4, 2025) to $162.03 (Oct 29, 2025), 65% of the way up, from 251 adjusted closes. 30 trading days earlier: $128.55 on Dec 4, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.0%	+0.4%	+3.6%
30 days	-6.5%	-1.0%	-5.5%
90 days	+26.6%	+2.8%	+23.8%
180 days	+28.3%	+8.4%	+19.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001596532-26-000005
Filed / recorded: Jan 23, 2026, 12:49 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Arista Networks, Inc.
Issuer CIK: 1596532
Ticker: ANET
Reporting person: Kenneth Duda
Relationship: Director, Officer
Officer title: President and CTO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 20, 2026
Transaction code: S
Shares / units: 9,600
Price per share: $128.0123
Acquired / disposed: Disposed (D)
Shares owned after: 26,139
Ownership form: Direct
Amendment: No

Footnotes from the filing

The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 13, 2025.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.66 to $128.60, 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.

Around the same time

8mo ago

32KShares · @ $15.2625

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Director sold ~$857K of Arista Networks

Scheduled in advance8mo ago

Director sold ~$1.47M of Arista Networks

Scheduled in advance8mo ago