EGAIN Corp: SVP Chandrasekhar Jadcherla sold 6,000 shares

What happened

• Chandrasekhar Rao Jadcherla, SVP, products and services, reported exercising options and selling shares on Oct 1, 2026. The filing shows an exercise (acquisition) of 6,000 shares at $2.50 for $15,000 and an open-market sale of 6,000 shares at a weighted average price of $5.88 for $35,261. The filing also reports a derivative conversion or disposition of 6,000 shares with $0 consideration.

Key details

• Transaction date: Oct 1, 2026. Exercise price: $2.50; sale weighted average price: $5.88 (shares sold in multiple transactions at prices from $5.82 to $5.915) (F2).
• Proceeds and costs: sale proceeds $35,261; exercise cost $15,000.
• Shares owned after the transaction: not reported in the provided filing.
• Footnotes: sales were effected pursuant to a Rule 10b5-1 trading plan adopted Jun 9, 2026 (F1); weighted average and price range details (F2); the option covers a right to purchase 61,003 shares and became exercisable beginning Sep 19, 2017 and is fully vested (F3).
• Form 4 filed Oct 5, 2026 (accession 0002040340-26-000004).

Why it may matter

• The filing shows an exercise of options and a contemporaneous open-market sale of the resulting shares on the same date, indicating the exercised shares were sold the same day.
• The filing reports a separate derivative conversion/disposition entry for 6,000 shares with $0 consideration.
• A filing does not show why the insider traded or why the company acted.