Colendich Katie Marie 4

What Happened Katie Marie Colendich, General Counsel and Corporate Secretary of Asana (ASAN), was granted 53,436 restricted stock units (RSUs) and sold 7,304 shares in open-market transactions on March 10, 2026. The RSU award was reported at $0 (code A) and represents a future right to receive shares upon settlement. The 7,304 shares were sold at a weighted average price of $7.42 per share for total proceeds of approximately $54,196 (code S).

Key Details

• Transaction date: March 10, 2026 (filed on March 12, 2026). Filing appears timely for a Form 4 reporting a March 10 transaction.
• Award: 53,436 RSUs granted (no cash paid at grant).
• Sale: 7,304 shares sold in open market; weighted average sale price $7.42; price range reported $7.42–$7.455; total proceeds ≈ $54,196.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 explains each RSU converts to one share upon settlement and describes the vesting schedule; F2 notes the sale was executed in multiple transactions and provides the price range and weighted average.
• No 10b5-1 plan, tax-withholding, or other plan language was disclosed in the provided details.

Context RSUs are a form of equity compensation that convert into actual shares when they vest and settle; per the filing, 1/12 of this grant vests and settles on June 20, 2026 and then 1/12 vests quarterly thereafter. The simultaneous sale of a smaller block of shares was an open-market disposition; the filing does not state a reason for the sale (many insider sales are routine—e.g., to cover taxes or rebalance—but no motive is disclosed). Purchases tend to be more informative about insider conviction; this filing primarily reports a grant plus a routine sale.