Form 4: A10 Networks CFO Brian Becker Reports Stock Transaction
SEC Form 4 Filing
Brian Becker, CFO of A10 Networks, reports the disposition of 411 shares of common stock to cover tax obligations related to a restricted stock unit grant.
Summary
- On August 6, 2024, Brian Becker, the Chief Financial Officer of A10 Networks, Inc., disposed of 411 shares of common stock.
- The transaction was executed at a price of $12.42 per share.
- The disposition was due to the withholding of shares for tax purposes related to a restricted stock unit grant that vested on August 5, 2024.
- Following the transaction, Becker directly owns 33,841 shares of A10 Networks common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It's common for company executives to sell shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| July 20, 2020 | Date of restricted stock unit grant. |
| August 5, 2024 | Restricted stock units vested. |
| August 6, 2024 | Date of stock transaction (disposal of shares for tax purposes). |
| August 8, 2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.