Asana (NYSE: ASAN) legal chief sells 6,515 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asana, Inc.’s General Counsel and Corporate Secretary Katie Marie Colendich reported open‑market sales of Class A common stock totaling 6,515 shares across two days. She sold 1,500 shares at an average price of $6.3901 on March 24 and 5,015 shares at $6.42 on March 25. Following these transactions, she directly holds 99,624 Class A shares. The filing notes the sales were executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on June 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,515 shares ($41,781)
Net Sell
2 txns
Insider
Colendich Katie Marie
Role
GC, Corporate Secretary
Sold
6,515 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,015 | $6.42 | $32K |
| Sale | Class A Common Stock | 1,500 | $6.3901 | $10K |
Holdings After Transaction:
Class A Common Stock — 99,624 shares (Direct)
Footnotes (1)
- Includes 1,500 additional shares of Class A Common Stock acquired under the Asana, Inc. 2020 Employee Stock Purchase Plan on March 13, 2026. This transaction is exempt from Rule 16b-3(c). The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted June 27, 2025.
FAQ
What insider transactions did Asana (ASAN) disclose for Katie Marie Colendich?
Asana reported that General Counsel Katie Marie Colendich sold 6,515 shares of Class A common stock in open‑market transactions. The sales occurred on March 24 and March 25, 2026, at prices slightly above $6.39 per share under a pre‑arranged trading plan.
Were Katie Marie Colendich’s Asana (ASAN) stock sales made under a Rule 10b5-1 plan?
Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5‑1 trading plan adopted on June 27, 2025. Such plans are pre‑arranged and are designed to allow insiders to systematically sell shares over time.