CFO at A10 Networks (ATEN) receives 5,978 performance stock units
Rhea-AI Filing Summary
Caron Michelle Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
A10 Networks, Inc. reported that its Chief Financial Officer, Caron Michelle Elizabeth, received new equity awards on February 12, 2026. She was granted 5,978 restricted stock units (RSUs) of common stock, bringing her directly owned common shares to 19,684. One-third of these RSUs will vest on each of the first three anniversaries of the February 1, 2026 vesting start date, as long as she remains employed. She was also granted 5,978 performance-based restricted stock units (PSUs), each tied to one share of common stock. These PSUs vest only if A10’s stock achieves specified volume-weighted average price levels during any 100-day trading period between February 12, 2026 and February 12, 2030, followed by time-based vesting linked to continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Restricted Stock Units | 5,978 | $0.00 | -- |
| Grant/Award | Common Stock | 5,978 | $0.00 | -- |
Footnotes (1)
- Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of the Vesting Commencement Date (2/1/2026), provided that the Reporting Person continues to serve through each such vesting date. Each share is represented by a Performance-based Restricted Stock Unit ("PSU"). Grant of 5,978 PSUs, 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 (each, a "Performance Milestone"). Upon achievement of a Performance Milestone, vesting is subject to continued employment with the Company through the applicable vesting date, the first fifty percent ( 50%) of which will occur within thirty (30) days of achievment of the applicable milestone and the balance to vest twenty-five percent (25%) on each of the first and second anniversaries of achievement of the corresponding Performance Milestone.