Khoury Sheen George 4

What Happened

• Khoury Sheen George, Executive VP of Sales & Marketing at A10 Networks (ATEN), received two awards on Feb 12, 2026: 7,771 restricted stock units (RSUs) and 7,771 performance-based restricted stock units (PSUs). Both grants are reported at $0.00 (no cash paid).
• Total potential units awarded: 15,542. The RSUs are time-based; the PSUs are contingent on achieving specified stock-price performance milestones.

Key Details

• Transaction date: 2026-02-12; reporting filed: 2026-02-13 (timely).
• Award details and pricing: 7,771 RSUs @ $0.00 (grant A); 7,771 PSUs @ $0.00 (derivative grant A).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote highlights:
  • RSU vesting (F1): 1/3 of RSUs vest on each of the first three anniversaries of the Vesting Commencement Date (2/1/2026), subject to continued service.
  • PSU description (F2/F3): Each PSU represents a contingent right to one share, vesting only if specified VWAP-based performance milestones are met during any 100-day trading period between Feb 12, 2026 and Feb 12, 2030. If a milestone is achieved, 50% vests within ~30 days of achievement, and the remaining 50% vests 25% on each of the first and second anniversaries of achievement, subject to continued employment.
• No 10b5-1 plan, tax withholding, or cash exercise noted in this filing.

Context

• RSUs are time-based retention awards that convert to shares only after vesting; PSUs are performance-contingent and may never convert if targets aren’t met. Both are common forms of executive compensation and do not represent an open-market purchase or sale.