NORRINGTON LORRIE M 4

What Happened Lorrie Norrington, a director of Asana, Inc. (ASAN), was granted 2,323 shares of Class A common stock on May 1, 2026 as director compensation. The filing records the acquisition at $0 (shares issued in lieu of cash); the number of shares was calculated based on Asana’s closing price on April 30, 2026. Per the filing, receipt of the shares was deferred under the Issuer’s Directors' Deferred Compensation Plan.

Key Details

• Transaction date and type: 2026-05-01 — Award/acquisition of 2,323 shares (code A); reported on Form 4 filed 2026-05-05.
• Price and reported value: $0 per share recorded on the Form 4 (shares issued in lieu of cash; actual dollar amount was determined by closing price on Apr 30, 2026).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Shares elected in lieu of cash for the quarter ended April 30, 2026; receipt deferred per the Directors' Deferred Compensation Plan.
  • F2: Shares are held of record by Norrington Advisory Services, LLC.
• Timeliness: Form 4 filed on May 5, 2026 for a May 1 transaction; filing falls within the SEC’s two-business-day disclosure window (timely).

Context This transaction is a routine director compensation award elected in lieu of cash and deferred under a company plan; such grants are standard and do not, by themselves, indicate personal trading sentiment. The shares are held of record by an advisory LLC, which is common for directors who use entities for recordkeeping or administrative purposes.