A10 Networks (NYSE: ATEN) CEO stock withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
A10 Networks Chief Executive Officer Dhrupad Trivedi reported a tax-related share disposition linked to vesting equity awards. On this Form 4, 8,261 shares of common stock were automatically withheld at a price of $18.99 per share to cover taxes on performance-based restricted stock units that vested on February 24, 2026.
These units were originally granted on January 25, 2022. After this non-discretionary tax-withholding disposition, Trivedi directly holds 705,336 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 | 8,261 | $18.99 | $157K |
Holdings After Transaction:
Common Stock — 705,336 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did A10 Networks (ATEN) report for its CEO?
A10 Networks CEO Dhrupad Trivedi reported a tax-withholding disposition of 8,261 common shares. The shares were automatically withheld to satisfy taxes due on performance-based restricted stock units that vested, rather than sold in an open-market transaction.
Was the A10 Networks (ATEN) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were automatically withheld on a non-discretionary basis to cover tax obligations tied to vesting performance-based restricted stock units granted earlier.
What equity awards triggered the tax withholding for A10 Networks (ATEN) CEO?
The tax withholding arose from performance-based restricted stock units granted on January 25, 2022. These units vested on February 24, 2026, and a portion of the resulting shares was automatically withheld to pay the related tax obligations.
What does transaction code F mean in the A10 Networks (ATEN) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, shares of A10 Networks common stock were withheld automatically to cover the CEO’s tax obligations when performance-based restricted stock units vested.