Weber Robert Scott 4
Research Summary
AI-generated summary
A10 Networks (ATEN) GC Robert Weber Has 1,897 Shares Withheld for Taxes
What Happened
- Robert Scott Weber, General Counsel of A10 Networks (ATEN), had 1,897 shares withheld to satisfy tax withholding obligations tied to vested performance-based restricted stock units (RSUs). The withholding was recorded as a disposition of those shares at $20.92 per share, totaling $39,685. This transaction occurred on February 10, 2026.
Key Details
- Transaction date and price: February 10, 2026 — 1,897 shares withheld at $20.92/share.
- Total value: $39,685 (based on the $20.92 per-share amount reported).
- Shares owned after transaction: Not specified in the filing.
- Transaction code and nature: Code F — shares automatically withheld to cover taxes (not an open-market sale).
- Footnote: These shares were automatically withheld for tax purposes related to performance-based RSUs granted July 1, 2022, which vested on February 10, 2026 (footnote F1).
- Filing timeliness: Report filed February 12, 2026 — appears timely (within standard Form 4 reporting window).
Context
- This was a routine tax-withholding action following RSU vesting (a common administrative disposal), not an active sale on the open market. Such withholdings do not necessarily indicate insider sentiment about the company’s stock.