A10 Networks, Inc.·4

Feb 13, 5:26 PM ET

Weber Robert Scott 4

4 · A10 Networks, Inc. · Filed Feb 13, 2026

Research Summary

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Updated

A10 Networks (ATEN) General Counsel Weber Receives Stock Awards

What Happened

  • Weber Robert Scott (General Counsel) received stock awards from A10 Networks (ATEN) on February 12, 2026: 7,413 time‑based Restricted Stock Units (RSUs) and 7,413 Performance‑based Restricted Stock Units (PSUs). Both grants were awarded at $0 per share (typical for equity compensation awards) and therefore show $0 purchase price on the Form 4. This is an award/grant (code A), not a market purchase or sale.

Key Details

  • Transaction date: February 12, 2026; Form 4 filed February 13, 2026 (timely).
  • Awards: 7,413 RSUs (time‑based) + 7,413 PSUs (performance‑based) = 14,826 units total.
  • RSU vesting (F1): One‑third vests on each of the first three anniversaries of the Vesting Commencement Date (2/1/2026), contingent on continued service.
  • PSU terms (F2/F3): 7,413 PSUs vest only if specified VWAP performance milestones are met during any 100‑day trading period between Feb 12, 2026 and Feb 12, 2030. If a milestone is achieved, 50% of that tranche vests within 30 days of achievement and the remaining 25% vests on each of the first and second anniversaries of achievement, subject to continued employment.
  • Shares owned after the transaction: not reported in the provided excerpt of the filing.
  • Transaction codes: A = Award/Grant; derivative reporting indicates PSUs are contingent rights (not currently tradable shares).

Context

  • These awards are compensation‑style grants, not purchases or sales—so they reflect company compensation decisions rather than the insider buying or selling stock in the open market. PSUs are performance‑contingent: they only convert to actual shares if the specified price/volume conditions are met within the multi‑year performance window.

Insider Transaction Report

Form 4
Period: 2026-02-12
Weber Robert Scott
General Counsel
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-12+7,41354,967 total
  • Award

    Performance-based Restricted Stock Units

    [F2][F3]
    2026-02-12+7,4137,413 total
    Exp: 2030-02-12Common Stock (7,413 underlying)
Footnotes (3)
  • [F1]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.
  • [F2]Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
  • [F3]Grant of 7,413 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.
Signature
/s/ Jill Osato, Attorney-in-fact|2026-02-13

Documents

1 file
  • 4
    wk-form4_1771021608.xmlPrimary

    FORM 4