Asana insider files Form 144 to sell 10,570 RSUs worth $152,630.80
Rhea-AI Filing Summary
Asana, Inc. (ASAN) submitted a Form 144 reporting a proposed sale of 10,570 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $152,630.80. The shares were reported as acquired on 09/20/2025 as Restricted Stock Units granted by the issuer and the reported planned sale date is 09/23/2025. The filer indicates no securities sold in the past three months and the filing is marked as LIVE.
Positive
- Filing is LIVE, indicating an active, submitted Form 144
- Broker identified for the sale as Morgan Stanley Smith Barney LLC
- No securities sold in the past three months reported for the filer
Negative
- None.
Insights
TL;DR: Routine insider sale notice of 10,570 RSU shares worth ~$153k; appears procedural and not material to ASAN.
The Form 144 documents a proposed sale of shares acquired as Restricted Stock Units on the same date of acquisition, using Morgan Stanley Smith Barney as broker. The size of the transaction ($152,630.80) is small relative to Asana's market capitalization and there are no reported sales in the prior three months, suggesting limited immediate market impact. The filing is a standard compliance disclosure under Rule 144.
TL;DR: Compliance-focused disclosure showing an executive/insider intends to sell RSU shares; procedural filing with no flagged complications.
The notice states the securities were issued by the company as Restricted Stock Units and lists the broker and planned sale date, fulfilling Rule 144 reporting requirements. The representation that the signer is unaware of undisclosed material adverse information is included. There are no indications of aggregated sales or reliance on a 10b5-1 plan disclosed in the form.