Asana (NYSE: ASAN) awards 22,378 RSUs to director Justin Rosenstein
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rosenstein Justin reported acquisition or exercise transactions in this Form 4 filing.
Asana, Inc. director Justin Rosenstein received a grant of 22,378 Restricted Stock Units, each representing one share of Class A Common Stock at no cash cost. The RSUs vest 100% on the earlier of June 8, 2027 or the next annual stockholder meeting, subject to his continuous service, bringing his direct holdings to 3,232,776 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rosenstein Justin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,378 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,232,776 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 22,378 RSUs
Holdings after transaction: 3,232,776 shares
Vesting date: June 8, 2027
3 metrics
RSUs granted
22,378 RSUs
Grant of Restricted Stock Units to director on June 8, 2026
Holdings after transaction
3,232,776 shares
Class A Common Stock directly held after RSU grant
Vesting date
June 8, 2027
100% of RSUs vest earlier of this date or next annual meeting
Key Terms
Restricted Stock Units (RSUs), Class A Common Stock, continuous service, annual meeting of the stockholders
4 terms
Restricted Stock Units (RSUs) financial
"Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continuous service financial
"subject to the Reporting Person's continuous service through such date."
annual meeting of the stockholders financial
"on the earlier of June 8, 2027 or the day of the next annual meeting of the stockholders"
FAQ
What insider transaction did Asana (ASAN) director Justin Rosenstein report?
Justin Rosenstein reported receiving 22,378 Restricted Stock Units from Asana. Each RSU converts into one share of Class A Common Stock upon settlement, reflecting equity-based compensation rather than a market purchase or sale of existing shares.
When do Justin Rosenstein’s new Asana (ASAN) RSUs vest?
The 22,378 RSUs granted to Justin Rosenstein vest 100% on the earlier of June 8, 2027 or the day of Asana’s next annual stockholder meeting. Vesting is conditional on his continuous service with the company through that date.