secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001596532-23-000349
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000349/0001596532-23-000349-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000349/anet-20231218.htm
  HTML page:      https://secwatch.observer/filing/0001596532-23-000349

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer