Asana (NYSE: ASAN) CEO sells shares, secures 35,496 PSUs
Rhea-AI Filing Summary
Asana, Inc. (ASAN) reported insider transactions by Chief Executive Officer and director Daniel Mark Rogers. On August 26, 2026, he acquired 35,496 performance-based restricted stock units (PSUs), each representing one share of Class A common stock, which are scheduled to vest and settle on September 20, 2026. On August 27, 2026, he sold 1,655 shares of Class A common stock at $10.00 per share in open-market or private transactions effected under a Rule 10b5-1 trading plan adopted on March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 33,841 shares
Net Buy
2 txns
Insider
Rogers Daniel Mark
Role
Chief Executive Officer
Sold
1,655 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 1,655 | $10.00 | $17K |
| Grant/Award | Class A Common Stock F1 | 35,496 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 1,925,831 shares (Direct)
Footnotes (2)
- F1. Represents performance-based restricted stock units (PSUs) earned by the Reporting Person upon the achievement of pre-established performance goals for the applicable performance period, as certified by the Compensation Committee of the Issuer's Board on August 26, 2026. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The PSUs vest and settle into shares of Class A Common Stock on September 20, 2026.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 31, 2026.
Key Figures
Shares sold: 1,655 shares of Class A Common Stock
Sale price per share: $10.00 per share
PSUs earned: 35,496 performance-based restricted stock units
+2 more
5 metrics
Shares sold
1,655 shares of Class A Common Stock
Sale on August 27, 2026
Sale price per share
$10.00 per share
Class A Common Stock sale on August 27, 2026
PSUs earned
35,496 performance-based restricted stock units
Earned and granted on August 26, 2026
PSU vesting date
September 20, 2026
Vesting and settlement date for 35,496 PSUs
10b5-1 plan adoption date
March 31, 2026
Plan under which the 1,655-share sale was effected
Key Terms
performance-based restricted stock units (PSUs), Rule 10b5-1 trading plan, contingent right, Compensation Committee
4 terms
performance-based restricted stock units (PSUs) financial
"Represents performance-based restricted stock units (PSUs) earned by the Reporting Person"
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
contingent right financial
"Each PSU represents a contingent right to receive one share"
Compensation Committee regulatory
"as certified by the Compensation Committee of the Issuer's Board"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transactions did ASAN CEO Daniel Mark Rogers report on this Form 4?
Daniel Mark Rogers reported two transactions: a grant of 35,496 PSUs on August 26, 2026, and a sale of 1,655 Class A shares at $10.00 per share on August 27, 2026.
What equity award did the ASAN CEO receive according to this Form 4?
He received 35,496 performance-based restricted stock units (PSUs) on August 26, 2026. Each PSU represents a contingent right to receive one share of Asana’s Class A common stock upon settlement.
When do the ASAN CEO’s newly earned PSUs vest and settle?
The 35,496 PSUs earned by Daniel Mark Rogers are disclosed to vest and settle on September 20, 2026 into shares of Asana’s Class A common stock.
What performance condition is tied to the ASAN CEO’s PSU award?
The 35,496 PSUs were earned upon the achievement of pre-established performance goals for the applicable performance period, as certified by the Compensation Committee on August 26, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.