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Asana (NYSE: ASAN) director preps August 2026 share sale plan

(Neutral)
(Neutral)
Form Type
144

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.

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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
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.

How many ASAN shares are covered by Lorrie Norrington’s planned Rule 144 sale?

The notice covers a potential sale of up to 61,623 shares of Asana, Inc. common stock. This figure appears in the securities information section as the number of shares proposed to be sold through the designated broker.

What is the aggregate market value of the ASAN shares in this Form 144?

The filing lists an aggregate market value of approximately $586,504.90 for the 61,623 Asana shares that may be sold under Rule 144, based on the information provided in the securities information table.

How many Asana (ASAN) shares are reported outstanding in this notice?

The Form 144 reports 160,969,547 shares outstanding of Asana common stock in connection with this planned sale. This is presented as the total shares outstanding, separate from the number being sold.

When is the approximate sale date for the ASAN shares under this Form 144?

The document indicates an approximate sale date of August 20, 2026 for the potential Rule 144 transaction involving 61,623 shares of Asana common stock to be sold on the NYSE.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature