4/A: A10 Networks CEO Dhrupad Trivedi Corrects Share Withholding in Amended SEC Filing
SEC Filing
Dhrupad Trivedi, CEO of A10 Networks, files an amendment to a previous SEC Form 4 to correct the number of shares withheld for tax purposes related to a performance restricted stock unit grant.
Summary
- Dhrupad Trivedi, the CEO of A10 Networks, filed an amended SEC Form 4 on February 28, 2025, to correct the number of shares withheld for tax purposes.
- The correction relates to a performance restricted stock unit (RSU) grant from February 21, 2023, that vested on February 13, 2025.
- The amendment addresses a non-discretionary withholding of 20,164 shares at a price of $21.68 on February 14, 2025.
- Following the reported transaction, Trivedi beneficially owns 768,834 shares of A10 Networks as of February 27, 2025, reflecting the corrected number of shares withheld and subsequent transactions.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error, suggesting a neutral to slightly positive sentiment as it reflects attention to detail and compliance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Date of the performance restricted stock unit grant |
| 02/13/2025 | Date the performance restricted stock unit vested |
| 02/14/2025 | Date of the transaction where shares were withheld for tax purposes |
| 02/18/2025 | Date of the original Form 4 filing |
| 02/27/2025 | Date reflecting the total number of shares owned by the reporting person after the corrected withholding and subsequent transactions |
| 02/28/2025 | Date of the amended Form 4/A filing |
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