  We solve analytically the out-of-equilibrium initial stage that follows the
injection of a radially finite electron beam into a plasma at rest and test it
against particle-in-cell simulations. For initial large beam edge gradients and
not too large beam radius, compared to the electron skin depth, the electron
beam is shown to evolve into a ring structure. For low enough transverse
temperatures, the filamentation instability eventually proceeds and saturates
when transverse isotropy is reached. The analysis accounts for the variety of
very recent experimental beam transverse observations.
