A10 Networks (NYSE: ATEN) CEO amends Form 4 for tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
A10 Networks, Inc. Chief Executive Officer Dhrupad Trivedi filed an amended insider report to correct the share price used in a prior tax-withholding entry. The amendment reflects 32,858 shares of common stock withheld on a non-discretionary basis at $28.03 per share to satisfy taxes on performance-based restricted stock units that vested on May 14, 2026. After this routine tax-withholding disposition, Trivedi directly holds 887,847 shares of A10 Networks common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Trivedi Dhrupad
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32,858 | $28.03 | $921K |
Holdings After Transaction:
Common Stock — 887,847 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 32,858 shares
Corrected tax-withholding price: $28.03 per share
Shares held after transaction: 887,847 shares
+3 more
6 metrics
Shares withheld for taxes
32,858 shares
Non-discretionary tax-withholding disposition of common stock
Corrected tax-withholding price
$28.03 per share
Price used for withheld shares in amended Form 4/A
Shares held after transaction
887,847 shares
CEO’s direct common stock holdings following tax withholding
RSU grant date 1
February 6, 2025
Performance-based restricted stock unit grant referenced in footnote
RSU grant date 2
February 12, 2026
Second performance-based RSU grant referenced in footnote
Vesting date
May 14, 2026
Vesting date for the performance-based RSU grants
Key Terms
tax-withholding disposition, performance-based restricted stock unit, Form 4 amendment
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 32,858 shares of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
performance-based restricted stock unit financial
"related to a February 6, 2025 performance-based restricted stock unit grant"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
Form 4 amendment regulatory
"This amendment to the original Form 4 filed on May 15, 2026 is being filed"
FAQ
What does the latest A10 Networks (ATEN) Form 4/A report for the CEO?
The Form 4/A shows A10 Networks CEO Dhrupad Trivedi corrected the reported price on a prior tax-withholding transaction. It now reflects 32,858 shares withheld at $28.03 per share tied to vested performance-based restricted stock units.
What awards triggered the A10 Networks (ATEN) CEO tax-withholding entry?
The tax-withholding relates to performance-based restricted stock unit grants dated February 6, 2025 and February 12, 2026. Both grants vested on May 14, 2026, leading to non-discretionary share withholding to cover the CEO’s associated tax liabilities.