Colendich Katie Marie 4

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.