Form 4: A10 Networks General Counsel Disposes of Shares for Tax Withholding Following RSU Vesting
Insider Transaction Report
A10 Networks' General Counsel, Robert Scott Weber, disposed of 1,894 shares of common stock for tax withholding purposes following the vesting of restricted stock units.
Summary
- Robert Scott Weber, General Counsel of A10 Networks, Inc. (ATEN), reported a transaction on July 7, 2025.
- The transaction involved the disposition of 1,894 shares of A10 Networks common stock.
- The shares were disposed of at a price of $20.14 per share.
- This disposition was an automatic withholding for tax purposes related to a restricted stock unit (RSU) grant.
- The RSU grant was originally made on July 1, 2022, and vested on July 5, 2025.
- Following this transaction, Robert Scott Weber beneficially owns 56,613 shares of A10 Networks common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary event related to equity compensation and tax withholding, which is neutral in terms of company performance or insider sentiment.
Positives
- The vesting of restricted stock units (RSUs) on July 5, 2025, indicates the successful fulfillment of long-term incentive compensation for the General Counsel.
Negatives
- No direct negatives for the company or its stock performance are indicated by this routine tax-related transaction.
Future Outlook
This document does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically a non-discretionary sale for tax purposes related to equity compensation. It does not provide information relevant to broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related disposition and is unlikely to have a significant impact on shareholder value or perception.
- Employees: The vesting and subsequent tax withholding of RSUs demonstrate the company's ongoing equity compensation practices for its executives.
Key Dates
| Date | Description |
|---|---|
| 07/01/2022 | Date of the original restricted stock unit (RSU) grant. |
| 07/05/2025 | Date when the restricted stock unit (RSU) grant vested. |
| 07/07/2025 | Date of the reported transaction, where shares were disposed for tax purposes. |
Keywords
A10 Networks, ATEN, Form 4, insider transaction, restricted stock units, RSU, tax withholding, stock disposition, General Counsel
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.