ASAN Form 4: Director acquires 1,045 shares in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asana (ASAN) disclosed a Form 4 showing a director acquired 1,045 shares of Class A common stock on 11/03/2025 at $0. The shares were received in lieu of cash under the company’s Non-Employee Director Compensation Policy for the quarter ended October 31, 2025.
After the reported transaction, the reporting person beneficially owned 140,791 shares directly and 2,295 shares indirectly through Norrington Advisory Services, LLC. The director elected to defer receipt of these shares under the Directors’ Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NORRINGTON LORRIE M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,045 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 140,791 shares (Direct);
Class A Common Stock — 2,295 shares (Indirect, See footnote)
Footnotes (1)
- These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended October 31, 2025. The number of shares of Class A Common Stock received in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on October 31, 2025. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election. The shares are held of record by Norrington Advisory Services, LLC.
FAQ
What insider transaction did ASAN report on Form 4?
A director acquired 1,045 Class A shares on 11/03/2025 at $0, received in lieu of cash compensation.
What period did the ASAN equity compensation cover?
It covered the quarter ended October 31, 2025 under the Non-Employee Director Compensation Policy.
What is the reporting person’s beneficial ownership after the transaction?
140,791 shares directly and 2,295 shares indirectly via Norrington Advisory Services, LLC.
What was the transaction date for the ASAN Form 4?
The transaction date was 11/03/2025.