Vattuone Steven 4
4 · ON24 INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
ON24 (ONTF) CFO Steven Vattuone Sells 22,884 Shares
What Happened
Steven Vattuone, Chief Financial Officer of ON24, sold 22,884 shares in open‑market transactions (reported 2026-03-02) at a weighted average price of $8.01, generating roughly $183,333 in proceeds. The filing also shows an award/acquisition of 27,673 shares on 2026-02-26 (reported $0), consistent with vested restricted stock units (RSUs). The sale was effected pursuant to a Rule 10b5‑1 trading plan.
Key Details
- Transaction dates and amounts:
- 2026-02-26: Award/acquisition of 27,673 shares @ $0.00 (likely RSU vesting).
- 2026-03-02: Open market sale of 22,884 shares, weighted avg price $8.01, proceeds ~$183,333.
- Price range for the sale: $8.00 to $8.02 (weighted average reported; breakdown available on request per filing).
- Shares owned after the transaction: Not reported in this Form 4.
- Footnotes of note:
- F1: Sale executed under a Rule 10b5‑1 trading plan adopted Aug 7, 2024.
- F2: The shares sold represent shares sold to cover tax withholding obligations related to RSU vesting.
- F3: Price is a weighted average across multiple trades ($8.00–$8.02).
- Filing/timeliness: Report filed 2026-03-02 for a 2026-02-26 acquisition and 2026-03-02 sale; filing appears timely (not marked late).
Context
The Feb 26 acquisition appears to be RSU vesting, and the subsequent sale largely covered tax withholding—common, routine insider activity rather than a discretionary cash‑out signal. The use of a 10b5‑1 plan means the sale was prearranged. For retail investors, routine tax‑withholding sales following vesting are generally less informative about the executive’s view of the company than independent open‑market purchases.
Insider Transaction Report
- Award
Common Stock
2026-02-26+27,673→ 480,327 total - Sale
Common Stock
[F1][F2][F3]2026-03-02$8.01/sh−22,884$183,333→ 457,443 total
Footnotes (3)
- [F1]The transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on August 7, 2024.
- [F2]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.00 to $8.02, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (3) to this Form 4.