D'Angelo Adam 4

What Happened
Adam D'Angelo, a director of Asana, reported receiving 731 shares of Class A common stock on 2026-02-02. The Form 4 lists the transaction as an award/acquisition (code A) with an acquisition price of $0.00; the shares were issued in lieu of cash compensation for the quarter ended January 31, 2026.

Key Details

• Transaction date: 2026-02-02. Form 4 filed: 2026-02-04 (timely filing).
• Transaction type/code: Award (A) — 731 shares; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: (1) Shares were elected in lieu of cash under the issuer’s Non‑Employee Director Compensation Policy; the share count was calculated using ASAN’s closing price on 2026-01-30. (2) Shares are held of record by the “Adam D'Angelo Revocable Trust Dtd 3/13/08.”
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.

Context
This is a routine director compensation issuance (shares received instead of cash) and is typically administrative rather than a direct buy/sell signal about company prospects. The holding of record by a revocable trust reflects how the shares are titled, not necessarily a change in beneficial ownership intentions.