Vattuone Steven 4
Research Summary
AI-generated summary
ON24 (ONTF) CFO Steven Vattuone Sells 3,429 Shares
What Happened
Steven Vattuone, Chief Financial Officer of ON24, sold 3,429 shares on March 20, 2026, in an open-market/private sale for a weighted average price of $8.07 per share, totaling approximately $27,657. The filing reports the sale was effected under a Rule 10b5-1 trading plan and the shares were sold to cover tax-withholding obligations related to the vesting of restricted stock units.
Key Details
- Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-24 — timely per SEC two-business-day rule).
- Price: weighted avg $8.07; the shares were sold in multiple trades at prices ranging $8.06–$8.075 (report notes full breakdown available on request).
- Shares sold: 3,429; Proceeds: ~$27,657.
- Reason/footnotes: F1 — executed under a 10b5-1 plan adopted Aug 7, 2024; F2 — sale to cover tax withholding for RSU vesting; F3 — weighted-average price with multiple trade prices.
- Shares owned after transaction: not specified in this Form 4.
Context
This was a sale to satisfy tax withholding on vested RSUs rather than an open-ended disposition or new investment — such tax-withholding sales are routine and do not necessarily indicate a change in the insider’s view of the company. The 10b5-1 plan means the trades were pre-arranged and scheduled under that plan.