Arista Networks adopts proxy-access bylaw for 3% holders with 3-year holding period

Arista Networks, Inc.

Amended bylaws effective Dec 18, 2023 include proxy access provision.
Stockholder or group of up to 20 with ≥3% ownership for ≥3 years may nominate directors.
Maximum nominees: greater of 2 or 20% of board seats.
Amendment also includes clarifying and ministerial changes.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Arista Networks, Inc.: Adopted amended and restated bylaws adding proxy access provision for stockholders to include director nominees in proxy materials (effective 2023-12-18).

Change: bylaw amendment
Effective: 2023-12-18

Exact text from the filing

On December 18, 2023, the Board of Directors (the “Board”) of Arista Networks, Inc. (the “Company”), acting upon the recommendation of the Board’s Nominating and Corporate Governance Committee, adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective immediately.

View on SEC.gov

74 governance changes filed in the last 30 days. Browse all governance changes →

Arista Networks, Inc. filing history →

Source: SEC EDGAR

accession 0001596532-23-000349

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.