Form 4: A10 Networks General Counsel Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Robert Scott Weber, General Counsel of A10 Networks, reports the disposal of shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 3, 2025, Robert Scott Weber, General Counsel of A10 Networks, reported a transaction involving common stock.
- A total of 3,196 shares were disposed of at a price of $19.61 per share to cover tax obligations.
- This disposal was related to restricted stock units granted on February 21, 2023, and January 30, 2024, which vested on February 1, 2025.
- Following the transaction, Weber directly owns 35,723 shares of A10 Networks common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| February 21, 2023 | Date of grant for some of the restricted stock units. |
| January 30, 2024 | Date of grant for some of the restricted stock units. |
| February 1, 2025 | Vesting date of the restricted stock units. |
| February 3, 2025 | Date of the reported transaction (stock disposal). |
| February 4, 2025 | Date of the signature on the Form 4 filing. |
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.