Form 4: A10 Networks General Counsel Sells Shares

A10 Networks' General Counsel, Robert Scott Weber, sold 812 shares of common stock at $18.19 per share on December 6, 2024.

Summary

• Robert Scott Weber, General Counsel of A10 Networks, sold 812 shares of the company's common stock on December 6, 2024.
• The sale price was $18.19 per share.
• Following the transaction, Mr. Weber still beneficially owns 28,230 shares.
• This includes 773 shares acquired on November 30, 2024, through the company's Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. There is no indication of positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States.
• The transaction is typical for an executive exercising stock options or selling shares for personal financial management.
• The volume of shares sold is relatively small compared to the total outstanding shares of A10 Networks.

Stakeholder Impact

• The sale of shares by an officer may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

A10 Networks, Robert Scott Weber, insider trading, stock sale, common stock, employee stock purchase plan, ATEN