NORRINGTON LORRIE M 4

What Happened Lorrie M. Norrington, a non-employee director of Asana, Inc. (ASAN), was awarded 1,432 shares of Class A common stock on February 2, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (standard for equity granted in lieu of cash). Per the filing, she elected to receive these shares instead of cash compensation for the quarter ended January 31, 2026, and elected to defer receipt under the Issuer’s Directors’ Deferred Compensation Plan.

Key Details

• Transaction date: 2026-02-02; transaction type: Award/Grant (code A).
• Reported acquisition: 1,432 shares at $0.00 per share (award in lieu of cash).
• Shares held of record: Norrington Advisory Services, LLC (the reporting person’s record holder).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: Shares were calculated based on ASAN's closing price on Jan 30, 2026 and deferred per the Directors' Deferred Compensation Plan (F1). Shares are held of record by Norrington Advisory Services, LLC (F2).
• Filing timeliness: Filed 2026-02-04 for a 2026-02-02 transaction (appears to be within the standard two-business-day window).

Context This was an equity award in lieu of cash director compensation and subsequently deferred — a routine director-compensation event rather than an open-market buy or sale. Such grants are generally part of standard compensation and do not by themselves indicate insider sentiment about the company’s short-term stock performance.