ANANIA TERESA 4

What Happened
Teresa Anania, a director of ON24, reported a disposition of 141,095 common shares on April 1, 2026. Under the merger agreement, each outstanding ON24 share was canceled and converted into the right to receive $8.10 per share, yielding total cash consideration of approximately $1.14 million. This was a corporate-action disposition (merger conversion), not an open-market sale.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely).
• Transaction type/code: Disposition to issuer (Code D) as part of the Merger.
• Price: $8.10 per share; total ≈ $1,142,870 (141,095 × $8.10).
• Shares disposed: 141,095.
• Shares owned after transaction: Not specified on the filing (outstanding common shares were canceled in the Merger).
• Footnote: Merger Agreement (Dec 29, 2025) — Merger Sub merged into ON24; ON24 became a wholly owned subsidiary of Parent; RSUs received similar cash treatment.
• Filing timeliness: Reported promptly (not marked late).

Context
This disposition reflects the corporate merger that converted all ON24 common stock (and similar RSUs) into cash consideration; it is a result of the deal mechanics rather than an insider choosing to sell on the open market. For retail investors, note that merger-driven conversions are routine and do not necessarily signal insider sentiment about the company's future performance.