Form 4: A10 Networks GC Sells Shares for Tax Withholding
Insider Transaction Report
A10 Networks' General Counsel, Robert Scott Weber, disposed of 1,024 shares of common stock for tax purposes related to vested restricted stock units.
Summary
- Robert Scott Weber, General Counsel of A10 Networks, Inc. (ATEN), reported a transaction involving the company's common stock.
- On January 15, 2026, Mr. Weber disposed of 1,024 shares of A10 Networks common stock.
- The shares were disposed of at a price of $17.58 per share.
- This disposition was an automatic withholding for tax purposes, non-discretionary, related to a performance restricted stock unit (RSU) grant from January 30, 2024, which vested on January 15, 2026.
- Following this transaction, Mr. Weber beneficially owns 54,901 shares of A10 Networks common stock directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes related to executive compensation, not indicative of positive or negative sentiment towards the company's future performance.
Industry Context
This filing represents a routine insider transaction, specifically a tax withholding event upon the vesting of restricted stock units, which is a common form of executive compensation across various industries. It does not provide insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary tax-related transaction by an insider, not signaling a change in company fundamentals or insider confidence.
Key Dates
| Date | Description |
|---|---|
| 01/30/2024 | Date of performance restricted stock unit grant. |
| 01/15/2026 | Date of transaction (vesting of RSUs and tax withholding). |
| 01/16/2026 | Date the Form 4 was signed. |
Keywords
A10 Networks, ATEN, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Corporate Officer
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.