Sahasi Jayesh 4

What Happened

• Sahasi Jayesh, EV President, Product and CTO of ON24, received an award of 574 shares on 2026-02-06 (reported as an A = award/acquisition) at $0.00 cost and subsequently sold 250 shares in an open-market transaction on 2026-02-10 for a weighted average price of $7.93, yielding about $1,983. The sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transactions:
  • 2026-02-06 — Award/acquisition: 574 shares @ $0.00 (A)
  • 2026-02-10 — Open-market sale: 250 shares @ weighted avg $7.93 (S); proceeds ≈ $1,983
• Sale price range: shares sold in multiple trades between $7.92 and $7.96 (weighted avg reported).
• Footnotes of note:
  • 10b5-1 plan adopted March 4, 2025 (F1) — sale was pursuant to the plan.
  • The 250-share sale represents shares sold to cover tax-withholding obligations tied to the vesting of restricted stock units (F2).
  • Reporting person can provide details of the number of shares sold at each price within the stated range on request (F3).
• Shares owned after the reported transactions: not specified in the Form 4 filing.
• Filing: Form 4 filed on 2026-02-10, covering the Feb 6 award and Feb 10 sale.

Context

• The award appears to be compensation-related (e.g., RSUs) given the tax-withholding note; the subsequent small sale to cover taxes is routine and common, and does not necessarily indicate a change in insider sentiment.
• The sale was made under a pre-established 10b5-1 trading plan, which typically schedules trades in advance and can reduce the significance of the sale as an ad-hoc signal.