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(i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets;
−Removed: (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S.
+Added: reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S.
generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of our management and directors;
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During our last fiscal quarter, the following directors and officer, as defined in Rule 16a-1(f), adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows:
−Removed: On December 5, 2023 , Ita Brennan , our Senior Vice President and Chief Financial Officer , modified the Rule 10b5-1 trading arrangement previously adopted June 8, 2023 providing for the sale from time to time of an aggregate of up to 58,000 shares of our common stock to adjust scheduled sales dates as a result of her planned departure from the Company.
−Removed: The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
−Removed: The duration of the trading arrangement is until September 8, 2024, or earlier if all transactions under the trading arrangement are completed.
−Removed: On December 14, 2023 , Jayshree Ullal , our Chairperson and Chief Executive Officer , adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 538,270 shares of our common stock.
−Removed: The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
−Removed: The duration of the trading arrangement is until March 14, 2025, or earlier if all transactions under the trading arrangement are completed.
−Removed: On December 14, 2023 , Anshul Sadana , our Chief Operating Officer , adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 126,861 shares of our common stock.
+Added: On December 13, 2024 , Jayshree Ullal , our Chairperson and Chief Executive Officer , adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of:
+Added: (i) up to 7,349,668 shares of our common stock;
+Added: and (ii) a number of shares of our common stock that may be earned in connection with grants of performance-based restricted stock units, which cannot be determined at this time.
The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
−Removed: The duration of the trading arrangement is until March 13, 2025, or earlier if all transactions under the trading arrangement are completed.
+Added: The duration of the trading arrangement is until April 17, 2026 , or earlier if all transactions under the trading arrangement are completed.
No other officers or directors, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.
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8-K 001-36468 3.1 12/20/2023
+Added: 3.3 Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Registrant
+Added: 8-K 001-36468 3.1 12/3/2024
4.1 Form of the Registrant's common stock certificate.
8 unchanged sentences
10.4 † 2014 Equity Incentive Plan.
−Removed: S-1/A 333-194899 10.4 5/27/2014
10.5 † 2014 Employee Stock Purchase Plan.
−Removed: 10-K 001-36468 10.5 3/12/2015
10.6 † Offer Letter, dated October 17, 2004, by and between the Registrant and Kenneth Duda.
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10.28 Form of Severance Agreement by and between the Company and Chantelle Breithaupt
+Added: 10-K 001-36468 10.28 2/13/2024
+Added: 10.29** Consulting Agreement between the Company and Anshul Sadana, dated May 21, 2024
+Added: 19.0 Insider Trading Policy
21.1 List of Subsidiaries of the Registrant .
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97.1 Compensation Recovery Policy
+Added: 10-K 001-36468 97.1 2/13/2024
101.INS XBRL Instance Document.
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These portions have been omitted and have been filed separately with the Securities and Exchange Commission.
+Added: * * Certain information contained in this exhibit has been redacted pursuant to Item 601(a)(6) of Regulation S-K.
* The certifications attached as Exhibit 32.1 that accompany this Annual Report on Form 10-K are not deemed filed with the Securities and Exchange Commission and are not to be incorporated by reference into any filing of Arista Networks, Inc.
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POWER OF ATTORNEY
−Removed: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jayshree Ullal and Ita Brennan, jointly and severally, his or her attorney-in-fact, with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or cause to be done by virtue hereof.
+Added: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jayshree Ullal and Chantelle Breithaupt, jointly and severally, his or her attorney-in-fact, with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:
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Jayshree Ullal
−Removed: /s/ ITA BRENNAN Chief Financial Officer (Principal Accounting and Financial Officer) February 12, 2024
+Added: /s/ CHANTELLE BREITHAUPT Chief Financial Officer (Senior Vice President) February 18, 2025
+Added: Chantelle Breithaupt
/s/ KENNETH DUDA Chief Technology Officer, Senior Vice President, Director February 18, 2025
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.