Asana (ASAN) Director Thomas Berquist Receives 38,802 RSU Award

What Happened

• Thomas Berquist, a director of Asana, Inc. (ASAN), was granted 38,802 restricted stock units (RSUs) on September 25, 2026. The RSUs were awarded at $0.00 per unit (total reported acquisition value $0) and represent a contingent right to receive Class A common stock on settlement. This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-28 (no late-filing flag indicated in the filing).
• Award: 38,802 RSUs granted (price reported $0.00; acquisition code A = Award/Grant).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs vest 1/3 on September 25, 2027 and 1/3 annually thereafter, subject to continuous service. Vested RSUs will settle into shares on the earlier of (i) the first anniversary of each vesting date or (ii) a change in control.
• Accession number (SEC filing): 0001433254-26-000008.

Context

• RSU awards are a form of compensation and do not reflect an immediate cash purchase or sale; they convert to shares only upon vesting and settlement. Because this is a grant rather than a market purchase, it should be interpreted as part of executive/director compensation rather than a direct insider buy signal.