Arora Anil 4

What Happened
Anil Arora, a director of ON24, Inc., had 157,903 shares disposed of to the issuer (transaction code D) on April 1, 2026. Per the merger agreement, each ON24 share was cancelled and converted into $8.10 in cash, resulting in approximately $1,279,014.30 paid for Arora’s shares. This disposition was part of a corporate merger transaction rather than an open-market sale.

Key Details

• Transaction date: April 1, 2026 (filed on April 2, 2026) — timely filing.
• Price per share / consideration: $8.10 per share; total ≈ $1,279,014.30.
• Shares disposed: 157,903 (transaction code D — Disposition to the issuer).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Per the Merger Agreement dated Dec 29, 2025, Merger Sub merged into ON24; at the effective time each outstanding common share (and RSUs) was cancelled and converted into the right to receive $8.10 per share (see footnote F1).
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the disclosed transaction.

Context
This transaction reflects deal consideration paid in connection with the acquisition (ON24 became a wholly-owned subsidiary of the buyer), not a routine insider sale. For retail investors, such merger-driven dispositions are a settlement of equity at the agreed deal price and do not necessarily indicate the insider’s ongoing view of the company’s prospects.