ATEN.NYSEA10 Networks, INC

Form 4: A10 Networks General Counsel Reports Tax-Related Stock Disposal

Sentiment:

SEC Form 4 Filing

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Robert Scott Weber, General Counsel of A10 Networks, reports the disposal of 1,878 shares for tax purposes related to a vested restricted stock unit grant.

Summary

  • Robert Scott Weber, General Counsel of A10 Networks, filed a Form 4 on July 9, 2024, reporting a transaction that occurred on July 8, 2024.
  • The transaction involved the disposal of 1,878 shares of common stock at a price of $13.72 per share.
  • These shares were withheld for tax purposes related to a restricted stock unit grant that vested on July 5, 2024.
  • Weber also reported owning 28,269 shares of A10 Networks common stock following the reported transaction, which includes 1,392 shares acquired through the Employee Stock Purchase Plan on May 31, 2024.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
July 1, 2022Date of restricted stock unit grant.
May 31, 2024Date of acquisition of 1,392 shares through the Employee Stock Purchase Plan.
July 5, 2024Date restricted stock unit grant vested.
July 8, 2024Date of stock disposal for tax purposes.
July 9, 2024Date Form 4 was filed.

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