Parekh Sonalee Elizabeth 4

What Happened Sonalee Parekh, Chief Financial Officer of Asana, sold 18,717 shares in an open-market transaction on March 23, 2026. The reported weighted-average sale price was $6.62 per share, resulting in aggregate proceeds of approximately $123,820. This was a sale (not a purchase), which is often routine insider liquidity rather than a directional bet on the stock.

Key Details

• Transaction date: 2026-03-23; Form filed: 2026-03-25 (appears timely).
• Transaction type/code: Open market sale (S).
• Shares sold: 18,717; weighted-average price: $6.62; total proceeds: ~$123,820.
• Price range: Sales occurred at prices between $6.45 and $6.75 per share (weighted average reported; reporting person can provide per-price breakdown on request).
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Footnotes: Sales were effected under a Rule 10b5-1 trading plan adopted March 12, 2025.

Context A Rule 10b5-1 plan indicates the sales were executed under a pre-established trading plan, which can help insulate the transaction from claims of trading on inside information. The filing shows a routine disposition of shares; it does not, by itself, indicate management’s view of Asana’s near-term prospects.