Form 4: A10 Networks CFO Brian Becker Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Brian Becker, CFO of A10 Networks, disposed of 6,740 shares of common stock on February 3, 2025, to cover tax obligations related to vested restricted stock units.
Summary
- On February 3, 2025, Brian Becker, the Chief Financial Officer of A10 Networks, Inc. (ATEN), reported a transaction involving the disposal of 6,740 shares of common stock.
- The shares were withheld to cover tax obligations related to restricted stock units (RSUs) that vested on February 1, 2025.
- The price per share for the transaction was $19.61.
- Following the transaction, Becker directly owns 43,162 shares of A10 Networks common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested equity compensation, a common practice among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock disposal by an executive.
Key Dates
| Date | Description |
|---|---|
| January 25, 2022 | Date of grant for some of the restricted stock units related to the tax withholding. |
| February 21, 2023 | Date of grant for some of the restricted stock units related to the tax withholding. |
| January 30, 2024 | Date of grant for some of the restricted stock units related to the tax withholding. |
| February 1, 2025 | Vesting date of the restricted stock units that triggered the tax obligation. |
| February 3, 2025 | Date of the stock disposal transaction. |
| February 4, 2025 | Date of the form filing. |
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