Colendich Katie Marie 4
4 · Asana, Inc. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Asana (ASAN) GC Katie Colendich Sells 15,984 Shares
What Happened
Katie Colendich, General Counsel and Corporate Secretary of Asana (ASAN), disposed of a total of 15,984 shares in two open‑market sales: 7,647 shares on 2026-06-22 at a weighted average price of $6.66 ($50,921) and 8,337 shares on 2026-06-24 at a weighted average price of $6.74 ($56,208). Combined proceeds were about $107,129. These were sales (not purchases).
Key Details
- Transaction dates and prices: 2026-06-22 — 7,647 shares @ $6.66 (weighted avg); 2026-06-24 — 8,337 shares @ $6.74 (weighted avg). Reported price range across sales: $6.61–$6.88 per share (footnote).
- Total shares sold: 15,984; total proceeds ≈ $107,129.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: sales were effected pursuant to the issuer’s sell‑to‑cover policy to satisfy tax withholding on RSU vesting, and pursuant to a Rule 10b5‑1 trading plan adopted March 25, 2026. The filing lists a weighted average price and offers to provide per-trade prices on request.
- Filing: Form 4 filed 2026-06-24 reporting the 2026-06-22 and 2026-06-24 trades (filed within the typical 2‑business‑day window).
Context
These sales appear routine: one footnote indicates sell‑to‑cover for tax obligations on vested RSUs and the trades were made under a pre‑arranged 10b5‑1 plan. For retail investors, such transactions generally reflect tax or plan mechanics rather than a direct indicator of insider sentiment; purchases typically convey stronger positive signals.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-06-22$6.66/sh−7,647$50,921→ 190,177 total - Sale
Class A Common Stock
[F2][F3]2026-06-24$6.74/sh−8,337$56,208→ 181,840 total
Footnotes (3)
- [F1]This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 25, 2026.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.61 to $6.88 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.