Sahasi Jayesh 4
4 · ON24 INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
ON24 (ONTF) EVP/CTO Sahasi Jayesh Sells 21,617 Shares
What Happened Sahasi Jayesh, Executive Vice President, Product and Chief Technology Officer at ON24 (ONTF), had 29,560 restricted stock units (RSUs) vest on Feb 26, 2026 and subsequently sold 21,617 shares in an open-market transaction on Mar 2, 2026. The sale was at a weighted-average price of $8.01 per share for gross proceeds of roughly $173,182. The RSU award was recorded as an acquisition at $0.00 (typical for vesting events).
Key Details
- Transaction dates: RSU vesting (award/acquisition) on 2026-02-26; open-market sale on 2026-03-02.
- Sale details: 21,617 shares sold at a weighted-average price of $8.01 (individual trades ranged $8.00–$8.02). Total proceeds ≈ $173,182.
- Award details: 29,560 shares acquired via RSU vesting on 2026-02-26. From that award, 21,617 shares were sold to cover tax withholding, leaving 7,943 net shares from this vesting (total post-transaction holdings overall not provided).
- Footnotes: Transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2025 (F1). The sale represents shares sold to cover tax withholding related to the RSU vesting (F2). The reported price is a weighted average; per-share breakdown available on request (F3).
- Filing timeliness: Report filed 2026-03-02 for transactions on 2026-02-26 — filed within the standard two-business-day window (timely).
Context This pattern — RSU vesting followed by a sale to satisfy tax withholding — is common and typically routine rather than a directional bet on the stock. The presence of a pre-established 10b5-1 plan indicates the sale was part of a prearranged trading program.
Insider Transaction Report
- Award
Common Stock
2026-02-26+29,560→ 702,411 total - Sale
Common Stock
[F1][F2][F3]2026-03-02$8.01/sh−21,617$173,182→ 680,794 total
Footnotes (3)
- [F1]The transactions reported in this Form 4 were effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on March 4, 2025.
- [F2]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.00 to $8.02, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (3) to this Form 4.