Form 4: A10 Networks GC Reports Stock Gift, Tax Withholding
Insider Transaction Report
A10 Networks' General Counsel, Robert Scott Weber, reported the disposition of 600 shares as a gift and 925 shares for tax withholding purposes.
Summary
- Robert Scott Weber, General Counsel of A10 Networks, Inc. (ATEN), reported two transactions involving common stock.
- On December 12, 2025, 600 shares were disposed of as a bona fide gift to a tax-exempt public charity. The transaction price was $0.
- On December 15, 2025, 925 shares were disposed of due to automatic withholding for tax purposes related to a restricted stock unit (RSU) grant from January 30, 2024, which vested on December 13, 2025. The disposition price was $18.12 per share.
- Following these transactions, Robert Scott Weber beneficially owns 55,925 shares of A10 Networks common stock directly.
- The reported beneficial ownership includes an aggregate of 1,437 shares acquired by the Reporting Person through the Issuer's Employee Stock Purchase Plan on May 31, 2025, and November 30, 2025.
Sentiment
Score: 5
Explanation: This is a routine insider transaction report (Form 4) detailing stock dispositions for gifting and tax purposes, which are common and do not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Positives
- The Reporting Person acquired 1,437 shares through the Employee Stock Purchase Plan (ESPP) on May 31, 2025, and November 30, 2025, indicating continued participation in company equity programs.
Negatives
- Disposition of 600 shares as a gift reduces the officer's direct beneficial ownership.
- Disposition of 925 shares for tax withholding purposes reduces the officer's direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal impact, as these are routine transactions by an officer and do not reflect a change in company fundamentals or strategy.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2024-01-30 | Date of restricted stock unit (RSU) grant. |
| 2025-05-31 | Acquisition of shares by Reporting Person via Employee Stock Purchase Plan. |
| 2025-11-30 | Acquisition of shares by Reporting Person via Employee Stock Purchase Plan. |
| 2025-12-12 | Date of gift transaction of 600 common shares. |
| 2025-12-13 | Vesting date of the restricted stock unit (RSU) grant from January 30, 2024. |
| 2025-12-15 | Date of tax withholding transaction for 925 common shares. |
| 2025-12-16 | Signature date of the Form 4 filing. |
Keywords
A10 Networks, ATEN, Form 4, Insider Trading, Stock Transaction, General Counsel, Equity, Restricted Stock Units, Employee Stock Purchase Plan, Tax Withholding, Gift
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