A10 Networks (ATEN) General Counsel exercises performance RSUs, retains 65,527 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
A10 Networks, Inc. General Counsel Robert Scott Weber reported routine equity compensation activity involving performance-based restricted stock units (RSUs). On May 14, 2026, he exercised RSUs that had met performance conditions, converting 3,706 and 3,882 performance-based RSUs into an equal number of common shares at a $0.00 exercise price. These awards vest over time, with one-half vesting on May 14, 2026 and the remaining quarters on the first and second anniversaries of the applicable achievement dates, conditioned on continued employment. On May 15, 2026, 1,930 common shares were automatically withheld at $27.00 per share to satisfy tax obligations related to the RSU vesting. After these transactions, Weber directly holds 65,527 shares of A10 Networks common stock, indicating he retains the vast majority of his equity position following this compensation-related event.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,588 shares exercised/converted
Mixed
5 txns
Insider
Weber Robert Scott
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,930 | $27.00 | $52K |
| Exercise | Performance-based Restricted Stock Units | 3,706 | $0.00 | -- |
| Exercise | Performance-based Restricted Stock Units | 3,882 | $0.00 | -- |
| Exercise | Common Stock | 3,706 | $0.00 | -- |
| Exercise | Common Stock | 3,882 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 65,527 shares (Direct, null);
Performance-based Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- Performance-Based Restricted Stock Units that were previously reported on February 13, 2026, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day trading period between February 12, 2026 and February 12, 2030. The second achievement date occurred on April 27, 2026, as certified by the compensation committee of ATEN, resulting in 3,706 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-half (1/2) on May 14, 2026 and an additional one-fourth (1/4) on each of the first and second anniversaries of April 27, 2026, subject to continued employment. These shares are reflected on Table I. Performance-Based Restricted Stock Units were previously reported on February 10, 2025, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day trading period between February 6, 2025 and February 6, 2029. The second achievement date occurred on May 6, 2026, as certified by the compensation committee of ATEN, resulting in 3,882 units meeting the appropriate performance based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-half (1/2) on May 14, 2026 and an additional one-fourth (1/4) on each of the first and second anniversaries of May 6, 2026, subject to continued employment. These shares are reflected on Table I. Includes 987 shares and 943 shares automatically withheld, on a non-discretionary basis, for tax purposes related to a February 6, 2025 performance-based restricted stock unit grant and a February 12, 2026 performance-based restricted stock unit grant, respectively, each that vested on May 14, 2026.
Key Figures
Tax-withheld shares: 1,930 shares at $27.00
RSUs exercised (grant 2025): 3,882 units
RSUs exercised (grant 2026): 3,706 units
+3 more
6 metrics
Tax-withheld shares
1,930 shares at $27.00
Common shares withheld for taxes on May 15, 2026
RSUs exercised (grant 2025)
3,882 units
Performance-based RSUs converted to common stock on May 14, 2026
RSUs exercised (grant 2026)
3,706 units
Performance-based RSUs converted to common stock on May 14, 2026
Net RSU exercises
7,588 shares
Total performance-based RSUs exercised into common stock
Post-transaction holdings
65,527 shares
Common stock directly held after transactions
Tax-related components
987 and 943 shares
Shares withheld for taxes from 2025 and 2026 RSU grants
Key Terms
Performance-Based Restricted Stock Units, volume weighted average closing prices, time-based vesting conditions, tax-withholding disposition, +1 more
5 terms
Performance-Based Restricted Stock Units financial
"Performance-Based Restricted Stock Units that were previously reported on February 13, 2026, each of which represents a contingent right to receive one share"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
volume weighted average closing prices financial
"subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock"
time-based vesting conditions financial
"However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-half"
tax-withholding disposition financial
"Includes 987 shares and 943 shares automatically withheld, on a non-discretionary basis, for tax purposes"
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.
derivative security financial
"Performance-Based Restricted Stock Units were previously reported ... each of which represents a contingent right to receive one share"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did A10 Networks (ATEN) report for Robert Scott Weber?
A10 Networks reported that General Counsel Robert Scott Weber exercised performance-based RSUs into common stock and had shares withheld for taxes. The filing shows routine compensation-related equity activity rather than open-market buying or selling.
How do the performance-based RSUs for A10 Networks (ATEN) vest for Robert Scott Weber?
The performance-based RSUs vest after stock-price targets over 100-day trading periods are achieved, then follow time-based vesting. Once certified, one-half vests on May 14, 2026, with one-fourth on each of the next two anniversaries, subject to continued employment.