Arista CEO Ullal Files To Sell 96,992 Shares, After 7 Sales Worth $543.7 Million In Three Months
A Form 144 filed Wednesday values the proposed sale at $21.1 million and lists seven sales in the past three months.
Arista Networks CEO Jayshree Ullal filed notice Wednesday that she plans to sell 96,992 shares of ANET, a proposed sale the Form 144 values at $21.1 million. The filing also lists seven sales over the past three months.
What the Form 144 says
The form puts the aggregate market value of the proposed sale at $21.1 million, its own stated figure. It lists an approximate sale date of 10/07/2026 and names Fidelity Brokerage Services LLC as the broker. It does not say how many shares Ullal will hold afterward.
The shares come from a stock option exercise on 09/22/2008, acquired from the issuer and paid by wire, according to the filing. It lists Ullal as an officer and director.
The past-three-months table shows 7 sales totaling 2,686,809 shares and $543,656,470 in gross proceeds. That includes 1,099,495 shares sold on 08/05/2026.
How her selling ranks
Bloomberg's tally of third-quarter insider selling, using Washington Service data, put Ullal at 2,226,435 shares sold for $446,013,758. That ranked her second, behind Nvidia director Mark Stevens.
Bloomberg also reported that her sales were made under pre-scheduled 10b5-1 trading plans, and that she still owns a two per cent stake in Arista. It put her net worth at $8.7 billion.
What to watch
A Form 144 is a notice of intent, and it permits sales within roughly 90 days of filing. Whether Ullal sells the full amount will show up in a later Form 144.
The Form 144 lists 96,992 shares for sale, but only a later filing will show how many she sold.
Sources
- Form 144 — Jayshree Ullal (ANET) — SEC EDGAR
- Nvidia among the top insider stock sellers | Financial Post — Bloomberg
- Q3 2026 insider stock sales: Nvidia's Mark Stevens tops AI sellers — qz.com
- Nvidia’s Stevens, Jeff Bezos Among Top Q3 Insider Stock Sellers — news.bloomberglaw.com
