|4Feb 13, 5:27 PM ET

Caron Michelle Elizabeth 4

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

Research Summary

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A10 Networks (ATEN) CFO Caron Michelle Elizabeth Receives RSU & PSU Award

What Happened

  • Caron Michelle Elizabeth, Chief Financial Officer of A10 Networks (ATEN), received two equity awards on February 12, 2026: 5,978 Restricted Stock Units (RSUs) and 5,978 Performance-based Restricted Stock Units (PSUs). Both awards are reported at a $0 acquisition price (typical for compensation grants), so no cash changed hands.

Key Details

  • Transaction date: 2026-02-12; Form 4 filed 2026-02-13 (timely).
  • RSU grant: 5,978 RSUs (footnote F1). Vesting: one-third of the total RSUs vests on each of the first three anniversaries of the Vesting Commencement Date (2/1/2026), subject to continued service.
  • PSU grant: 5,978 PSUs (footnotes F2, F3). Each PSU is a contingent right to one share; vesting depends on achieving specified VWAP-based performance milestones during any 100-day trading period between 2/12/2026 and 2/12/2030. If a performance milestone is met, 50% of that tranche vests within ~30 days of achievement, and the remaining 50% vests 25% on each of the first and second anniversaries of the milestone, subject to continued employment.
  • Reported price: $0.00 per share (award). No immediate sale or purchase of shares occurred.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.
  • No 10b5-1, tax-withholding, or late-filing notes included in the provided information.

Context

  • RSUs and PSUs are standard forms of executive compensation. RSUs vest with continued service; PSUs add a performance condition, so they only convert to shares if the company hits specified stock-price milestones over defined windows. These grants do not represent an immediate sale or purchase of shares and are not direct insider buying/selling signals.

Insider Transaction Report

Form 4
Period: 2026-02-12
Caron Michelle Elizabeth
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-12+5,97819,684 total
  • Award

    Performance-based Restricted Stock Units

    [F2][F3]
    2026-02-12+5,9785,978 total
    Exp: 2030-02-12Common Stock (5,978 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 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.
Signature
/s/ Jill Osato, as Attorney-in-Fact|2026-02-13

Documents

1 file
  • 4
    wk-form4_1771021662.xmlPrimary

    FORM 4