Overview
Chief Executive Officer Dhrupad Trivedi of A10 Networks, Inc. (NYSE: ATEN) disposed of 100,000 shares of the company between February 11 and February 13, 2026, in three separate transactions totaling approximately $2.06 million. The sales were carried out at prices ranging from $20.55 to $20.69 per share, according to a Form 4 filing with the Securities and Exchange Commission.
Transaction breakdown
- On February 11, Trivedi sold 33,333 shares at a weighted average price of $20.69 per share.
- On February 12, he sold 33,333 shares at a weighted average price of $20.56 per share.
- On February 13, Trivedi sold 33,334 shares at a weighted average price of $20.55 per share.
The cumulative value of those sales is reported as approximately $2,059,999.
Context of the trades
The stock was trading close to its 52-week high of $21.89 at the time of the transactions, and the company has delivered a year-to-date return of 17.36%. The sales were executed under a pre-arranged Rule 10b5-1 trading plan that Trivedi adopted on September 12, 2025.
Equity awards and holdings
On February 12, Trivedi was also the recipient of equity-based awards: 131,516 Restricted Stock Units (RSUs) and 131,516 Performance-based Restricted Stock Units (PSUs), both granted at no cost. Following the combination of the sales and the grants, Trivedi is recorded as directly owning 713,597 shares of A10 Networks common stock.
Company financials and market reaction
Separately from the insider transactions, A10 Networks reported fourth-quarter 2025 results that exceeded analyst expectations. The company delivered earnings per share of $0.26, compared with the forecasted $0.24, representing an 8.33% surprise versus estimates. Revenue for the quarter came in at $80.4 million, topping the anticipated $77.3 million.
Following the earnings release, investor reaction was described as positive. Analysts had projected lower figures ahead of the announcement, and the reported outperformance stands as the notable result for the period.
Key takeaways
- CEO Dhrupad Trivedi sold 100,000 shares across three days for about $2.06 million under a Rule 10b5-1 plan.
- Trivedi received 131,516 RSUs and 131,516 PSUs on February 12 and now directly owns 713,597 shares.
- A10 Networks beat fourth-quarter 2025 EPS and revenue expectations, recording EPS of $0.26 and revenue of $80.4 million.
Implications and observation
The filings and company results reported above present concurrent developments: an insider sale executed under a pre-arranged plan and a quarter in which the company outperformed consensus forecasts on both EPS and revenue. The documentation available in the Form 4 and the reported financial metrics provide the factual basis for both items; interpretations about motivation or future performance were not asserted in those disclosures.