Trivedi Dhrupad 4
Research Summary
AI-generated summary
A10 Networks CEO Dhrupad Trivedi Sells 8,261 Shares (Tax Withhold)
What Happened
Dhrupad Trivedi, CEO of A10 Networks (ATEN), had 8,261 shares disposed on February 24, 2026 as a tax-withholding action tied to the vesting of performance-based restricted stock units. The shares were valued at $18.99 each, totaling approximately $156,876. This was a withholding disposition (code F), not an open-market sale initiated to raise cash.
Key Details
- Transaction date: 2026-02-24; price per share: $18.99; total value: ~$156,876.
- Transaction type: F (shares automatically withheld to satisfy tax withholding on vested RSUs).
- Origin of shares: Performance-based RSUs granted 2022-01-25 that vested 2026-02-24 (footnote F1).
- Shares owned after transaction: Not specified in this filing.
- Filing date / timeliness: Form 4 filed 2026-02-26 (filed within the standard two business-day window).
Context
This was a routine tax-withholding disposition tied to RSU vesting (common when awards vest); it does not necessarily reflect the CEO’s buy/sell sentiment. For investors, purchases or open-market sales by insiders are usually more indicative of conviction than withholding transactions.