A10 Networks (ATEN) General Counsel reports 1,897-share tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
A10 Networks, Inc. General Counsel Robert Scott Weber reported a routine tax-related share disposition. On July 6, 2026, 1,897 shares of common stock were withheld at $36.30 per share to cover taxes on a restricted stock unit grant that vested on July 5, 2026. After this non-discretionary withholding, he directly holds 64,672 shares, which include 1,042 shares acquired through the company’s Employee Stock Purchase Plan on May 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Robert Scott
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,897 | $36.30 | $69K |
Holdings After Transaction:
Common Stock — 64,672 shares (Direct, null)
Footnotes (1)
- Shares withheld, on a non-discretionary basis, for tax purposes related to a July 1, 2022 restricted stock unit grant that vested on July 5, 2026. Includes 1,042 shares acquired by the Reporting Person on May 31, 2026 pursuant to the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 1,897 shares
Withholding price per share: $36.30 per share
Shares held after transaction: 64,672 shares
+3 more
6 metrics
Shares withheld for taxes
1,897 shares
Tax-withholding disposition on July 6, 2026
Withholding price per share
$36.30 per share
Price used for tax-withholding shares
Shares held after transaction
64,672 shares
Direct holdings following July 6, 2026 withholding
ESPP shares included
1,042 shares
Acquired May 31, 2026 under Employee Stock Purchase Plan
RSU grant date
July 1, 2022
Restricted stock unit grant underlying this vesting
RSU vesting date
July 5, 2026
Vesting that triggered tax-withholding shares
Key Terms
restricted stock unit, Employee Stock Purchase Plan, tax-withholding disposition
3 terms
restricted stock unit financial
"related to a July 1, 2022 restricted stock unit grant that vested"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Employee Stock Purchase Plan financial
"pursuant to the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
FAQ
What insider transaction did A10 Networks (ATEN) report for Robert Scott Weber?
A10 Networks reported that General Counsel Robert Scott Weber had 1,897 shares of common stock withheld to cover taxes on vested restricted stock units. This was a non-discretionary tax-withholding disposition, not an open-market sale of shares.
Was the A10 Networks (ATEN) Form 4 transaction a sale on the open market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld automatically to satisfy tax obligations tied to a restricted stock unit grant that vested on July 5, 2026.
What equity award triggered the tax-withholding in the A10 Networks (ATEN) Form 4?
The tax-withholding arose from a restricted stock unit grant dated July 1, 2022. That grant vested on July 5, 2026, and the company withheld 1,897 shares on a non-discretionary basis to satisfy the associated tax obligations.