D'Angelo Adam 4

What Happened Adam D'Angelo, a director of Asana, acquired 1,186 shares of Class A common stock on May 1, 2026 as an award/compensation election. The Form 4 reports an acquisition (code A) at $0.00 per share because the shares were issued in lieu of cash compensation; the number of shares was calculated based on Asana's closing price on April 30, 2026 (per the filing footnote).

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (filed within the required two business days).
• Transaction type/code: Award/Grant (A); reported price $0.00 per share on Form 4.
• Shares acquired: 1,186 Class A shares.
• Shares owned after transaction: Not explicitly reported on the Form 4; the shares are held of record by the "Adam D'Angelo Revocable Trust dated 3/13/08" (per footnote).
• Footnotes: F1 — shares received in lieu of cash under the issuer's Non-Employee Director Compensation Policy, calculated using the April 30, 2026 closing price. F2 — shares held of record by his revocable trust.

Context This was a routine director compensation election (receiving stock instead of cash), not an open-market purchase or sale. Such awards are common for non-employee directors and should be viewed as compensation, not necessarily as a direct signal of buying or selling sentiment.