secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0001596532-25-000170
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista appoints Todd Nightingale as President and COO effective July 1, 2025
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- Nightingale, former CEO of Fastly and ex-Cisco EVP, will receive $350K base salary.
- Equity grant includes RSUs valued at $30M and PSUs valued at $2M, subject to board approval.
- RSUs vest 25% after 1 year then quarterly over ~4 years; PSUs tied to three 6-month performance periods.
- Severance provides 12 months base salary and 12-month equity acceleration for non-Cause/Good Reason termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653225000170/0001596532-25-000170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653225000170/anet-20250613.htm
  HTML page:      https://secwatch.observer/filing/0001596532-25-000170

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