ON24 (ONTF) CTO sells 3,662 shares under preset trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON24 executive Jayesh Sahasi, EVP of Product and CTO, sold 3,662 shares of common stock in an open-market transaction at a weighted average price of $8.0656 per share. The sale was made to cover tax withholding from vesting restricted stock units under a Rule 10b5-1 trading plan adopted on March 4, 2025. After this transaction, he directly holds 677,132 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,662 shares ($29,536)
Net Sell
1 txn
Insider
Sahasi Jayesh
Role
EV President, Product and CTO
Sold
3,662 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,662 | $8.0656 | $30K |
Holdings After Transaction:
Common Stock — 677,132 shares (Direct)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on March 4, 2025. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.06 to $8.075, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (3) to this Form 4.
FAQ
What did ON24 (ONTF) executive Jayesh Sahasi report in this Form 4?
Jayesh Sahasi reported selling 3,662 shares of ON24 common stock. The shares were sold in an open-market transaction at a weighted average price of $8.0656 per share to satisfy tax obligations from restricted stock unit vesting.