ZINGALE ANTHONY 4

What Happened
Anthony Zingale, a director of ON24, reported a disposition of 137,265 shares on April 1, 2026. The Form 4 shows the shares were disposed to the issuer as part of a merger; each ON24 share was converted into $8.10 in cash under the merger agreement, yielding approximately $1,111,846.50 in total consideration. This was not an open‑market sale but a conversion/cash-out in connection with the Merger.

Key Details

• Transaction date: April 1, 2026 (reported on Form 4 filed Apr 2, 2026)
• Reported consideration: $8.10 per share (per Merger Agreement); total ≈ $1,111,846.50
• Shares disposed: 137,265; shares owned after transaction: 0 common shares (outstanding shares were cancelled)
• Transaction code: D (Disposition to issuer); Form shows price as N/A but footnote F1 discloses the $8.10 cash conversion
• Filing timeliness: filed the next business day (no late filing indicated)

Context
Footnote F1 explains that on April 1, 2026 Merger Sub merged into ON24, and each outstanding ON24 common share (and RSUs) was cancelled and converted into the right to receive $8.10 per share in cash. This is a corporate‑action cash-out rather than a voluntary market sale by the insider, and therefore reflects the merger consideration rather than a trading decision by the director.