Asana (NYSE: ASAN) director preps August 2026 share sale plan
Rhea-AI Filing Summary
Asana, Inc. (ASAN) has a notice under Rule 144 indicating that director Lorrie Norrington plans a potential sale of up to 61,623 shares of Asana common stock through Morgan Stanley Smith Barney LLC. The filing cites an aggregate market value of about $586,504.90 and notes 160,969,547 shares outstanding as of the planned sale date of August 20, 2026.
Positive
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Negative
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Key Figures
Shares to be sold: 61,623 shares
Aggregate market value: $586,504.90
Shares outstanding: 160,969,547 shares
+3 more
6 metrics
Shares to be sold
61,623 shares
Number of Asana common shares covered by the Rule 144 notice for Lorrie Norrington
Aggregate market value
$586,504.90
Aggregate market value of the 61,623 Asana shares proposed to be sold
Shares outstanding
160,969,547 shares
Asana common shares outstanding referenced in connection with the planned sale
Approximate sale date
08/20/2026
Planned date for the Rule 144 sale on the NYSE
Restricted stock grant
10,755 shares
One of the restricted stock awards dated 09/18/2021
Restricted stock grant
15,066 shares
Restricted stock award dated 01/01/2026
Key Terms
Rule 144, restricted stock, aggregate market value, securities to be sold
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"Common | 09/18/2021 | Restricted Stock | Issuer |"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"| 61623 | 586504.90 | 160969547 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
securities to be sold financial
"144: Securities To Be Sold"
FAQ
What does Asana, Inc. (ASAN) disclose in this Form 144 filing?
The filing states that director Lorrie Norrington may sell up to 61,623 shares of Asana common stock under Rule 144, with an aggregate market value of $586,504.90, using Morgan Stanley Smith Barney LLC as broker.
What types of ASAN awards are referenced in the Form 144 for Lorrie Norrington?
The filing lists multiple restricted stock awards of Asana common shares, dated from September 18, 2021 through January 1, 2026, with individual amounts such as 10,755, 9,684, 14,583, and 15,066 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.