Sahasi Jayesh 4

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.