STOCK TITAN

Asana (NYSE: ASAN) director awarded 22,378 RSUs, now holds 72,758 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lindsay Andrew reported acquisition or exercise transactions in this Form 4 filing.

Asana, Inc. director Lindsay Andrew received a grant of 22,378 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs vest 100% on the earlier of June 8, 2027 or the next annual stockholder meeting, subject to continuous service. Following this grant, Andrew directly holds 72,758 shares of Class A Common Stock.

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Insider Lindsay Andrew
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 22,378 $0.00 --
Holdings After Transaction: Class A Common Stock — 72,758 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 grant 72,758 shares Total Class A Common Stock directly held after transaction
Grant price $0.00 per share RSU award issued at no purchase price
Vesting date trigger June 8, 2027 100% vesting on 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
"100% of the RSUs will vest on the earlier of June 8, 2027 or the day of the next annual meeting... subject to the Reporting Person's continuous service."
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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*
Lindsay Andrew

(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$072,758D
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 Lindsay Andrew report?

Lindsay Andrew reported receiving a grant of 22,378 Restricted Stock Units (RSUs) of Asana Class A Common Stock. This grant is compensation-related, carries no purchase price, and increases his direct holdings to 72,758 Class A shares after the award.

How many Asana (ASAN) shares does Lindsay Andrew hold after this Form 4 filing?

After the RSU grant, Lindsay Andrew holds 72,758 shares of Asana Class A Common Stock. This figure includes the new 22,378 RSUs, which each convert into one share upon vesting, assuming continuous service through the vesting date conditions.

What are the vesting terms of Lindsay Andrew’s Asana (ASAN) RSU grant?

The 22,378 RSUs vest 100% on the earlier of June 8, 2027 or the day of Asana’s next annual stockholder meeting. Vesting is conditioned on Lindsay Andrew’s continuous service with the company through that vesting date trigger.

Does Lindsay Andrew pay for the Asana (ASAN) RSUs received in this grant?

No, the RSUs were granted at a price of $0.00 per share, reflecting an equity compensation award rather than a purchase. Each vested RSU will settle into one share of Asana Class A Common Stock without additional exercise cost.

What does each RSU in Lindsay Andrew’s Asana (ASAN) grant represent?

Each RSU represents a contingent right to receive one share of Asana’s Class A Common Stock upon settlement. Delivery of the shares occurs only if the vesting conditions are met, including continuous service through the applicable vesting date.