Cohler Matt 4

4 · Asana, Inc. · Filed Feb 4, 2026

AI-generated summary of this filing

Updated Feb 4, 2026

Asana (ASAN) Director Matt Cohler Receives 823-Share Award

What Happened

Matt Cohler, a director of Asana, received 823 shares of Class A common stock on Feb 2, 2026. The shares were reported at $0.00 (award/acquisition) because they were issued in lieu of cash director compensation for the quarter ended Jan 31, 2026; the share count was calculated using Asana’s closing price on Jan 30, 2026.

Key Details

Transaction date and price: 2026-02-02, 823 shares @ $0.00 (award/acquisition).
Filing date: Form 4 filed 2026-02-04 for a 2026-02-02 transaction (appears timely).
Shares owned after transaction: not specified in the excerpt provided. The filing’s footnotes note an exempt transfer of 284,008 shares from an irrevocable trust to Cohler’s direct holdings (F2) and references to other trust-held shares (F4).
Notable footnotes:
- F1: Shares were elected in lieu of cash under the Non-Employee Director Compensation Policy; share count based on Jan 30, 2026 closing price.
- F3: The filing also references RSUs (each converts to one share) that vest 100% on the earlier of June 16, 2026 or the next annual meeting, subject to service.

Context

This is compensation-related issuance, not an open-market purchase or sale — such awards reflect pay structure rather than a direct buy/sell signal. RSU language in the filing describes future vesting terms for certain grants; check the full Form 4 for complete holdings and vesting details.

Form 4

Period: 2026-02-02

Director

Transactions

Holdings

Footnotes (4)

[F1]These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended January 31, 2026. The number of shares of Class A Common Stock received in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on January 30, 2026.
[F2]Reflects an exempt transfer of 284,008 shares held by Matthew Cohler's irrevocable trust entity to Mr. Cohler's direct holdings.
[F3]Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of June 16, 2026 or the day of the next annual meeting of the stockholders, subject to the Reporting Person's continuous service through such date.
[F4]Shares held by Matthew Cohler's second irrevocable trust entity.

Signature

/s/ Katie Colendich, Attorney-in-Fact|2026-02-04

1 file