STOCK TITAN

Asana (NYSE: ASAN) awards 22,378 RSUs to director Justin Rosenstein

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rosenstein Justin

(Last)(First)(Middle)
C/O ASANA, INC.
633 FOLSOM STREET, SUITE 100

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Asana, Inc. [ ASAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/08/2026A22,378(1)A$03,232,776D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of June 8, 2027 or the day of the next annual meeting of the stockholders, subject to the Reporting Person's continuous service through such date.
Remarks:
/s/ Katie Colendich, Attorney-in-Fact06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Asana (ASAN) shares does Justin Rosenstein hold after this grant?

After the RSU grant, Justin Rosenstein holds 3,232,776 shares of Asana Class A Common Stock directly. This figure includes shares underlying the newly granted RSUs, which settle into common stock once the vesting conditions are satisfied.

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.

What does the RSU grant to Justin Rosenstein mean for Asana (ASAN) shareholders?

The RSU grant represents equity compensation to a director, not an open-market trade. It can modestly increase Asana’s share count when vested, but primarily aligns the director’s interests with long-term company performance through stock-based incentives.

Did Justin Rosenstein buy or sell Asana (ASAN) shares in this Form 4?

The Form 4 reports an acquisition through a grant of RSUs, not a purchase or sale on the market. The transaction code “A” indicates a grant or award, so no cash-based buying or selling of existing Asana shares occurred here.