Form 4: A10 Networks GC Gifts Shares to Charity

A10 Networks General Counsel Robert Scott Weber reported gifting 600 shares of common stock to a tax-exempt public charity.

Summary

• Robert Scott Weber, General Counsel of A10 Networks, Inc. (ATEN), reported a change in beneficial ownership.
• On August 18, 2025, 600 shares of A10 Networks common stock were disposed of.
• The transaction was a bona fide gift to a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code.
• Following this transaction, Robert Scott Weber directly owns 56,013 shares of A10 Networks common stock.

Sentiment

Score: 6

Explanation: The filing reports a gift of shares by an executive to a charity, which is a neutral to slightly positive event from a corporate governance and social responsibility perspective, though it represents a minor reduction in insider ownership.

Positives

• The transaction was a gift to a charity, not a sale, indicating a philanthropic act by a key executive.

Negatives

• A reduction of 600 shares in the direct beneficial ownership of a key executive.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but no direct financial impact on the company's operations or valuation.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

A10 Networks, ATEN, Insider Transaction, Form 4, Stock Gift, Executive Ownership, Robert Scott Weber, General Counsel