Asana director granted 1,186 Class A shares
Asana, Inc. director Adam D'Angelo reported a stock compensation grant.
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Form Type
4
Rhea-AI Filing Summary
Asana, Inc. director Adam D'Angelo reported a stock compensation grant. He received 1,186 shares of Class A Common Stock at $0.00 per share as a grant or award, electing to take shares instead of cash under Asana's Non-Employee Director Compensation Policy for the quarter ended April 30, 2026.
After this award, he directly holds 58,755 Class A shares. A separate holding entry shows 1,078,170 Class A shares held indirectly by the Adam D'Angelo Revocable Trust dated March 13, 2008, where he is trustee. The filing does not show any open-market buying or selling, only compensation-related acquisition and updated holdings.
Insider Trade Summary
Grant/Award: 1,186 shares
Grant/Award
2 txns
Insider
D'Angelo Adam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,186 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 58,755 shares (Direct);
Class A Common Stock — 1,078,170 shares (Indirect, See footnote)
Footnotes (2)
- F1. 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 April 30, 2026. 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 April 30, 2026.
- F2. The shares are held of record by Adam D'Angelo Trustee Adam D'Angelo Revocable Trust Dtd 3/13/08.
Key Figures
Director stock grant: 1,186 shares
Direct holdings after grant: 58,755 shares
Indirect trust holdings: 1,078,170 shares
+2 more
5 metrics
Director stock grant
1,186 shares
Class A Common Stock grant at $0.00 per share on May 1, 2026
Direct holdings after grant
58,755 shares
Adam D'Angelo direct Asana Class A Common Stock after transaction
Indirect trust holdings
1,078,170 shares
Class A Common Stock held by Adam D'Angelo Revocable Trust
Grant price per share
$0.00 per share
Non-cash stock compensation in lieu of director fees
Quarter covered
Quarter ended April 30, 2026
Period for which director fees were paid in stock
Key Terms
Non-Employee Director Compensation Policy, Class A Common Stock, Revocable Trust, Form 4
4 terms
Non-Employee Director Compensation Policy financial
"under the Issuer's Non-Employee Director Compensation Policy for the quarter ended April 30, 2026"
Class A Common Stock financial
"These shares represent the Class A Common Stock that the Reporting Person elected to receive"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Revocable Trust financial
"Adam D'Angelo Trustee Adam D'Angelo Revocable Trust Dtd 3/13/08"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Asana (ASAN) director Adam D'Angelo report in this Form 4 filing?
Adam D'Angelo reported receiving 1,186 shares of Asana Class A Common Stock as a grant. The shares were issued as non-cash director compensation for the quarter ended April 30, 2026, instead of a cash payment under Asana’s Non-Employee Director Compensation Policy.
What are Adam D'Angelo’s direct holdings of Asana (ASAN) stock after this filing?
Following the reported grant, Adam D'Angelo directly holds 58,755 shares of Asana Class A Common Stock. This figure reflects his post-transaction direct ownership as reported in the Form 4, separate from any additional indirect holdings through trust structures.
What indirect Asana (ASAN) holdings are reported for Adam D'Angelo?
The filing reports 1,078,170 Asana Class A shares held indirectly by the Adam D'Angelo Revocable Trust dated March 13, 2008. He is trustee of this revocable trust, and this line reflects a holding entry updating the total shares recorded in that entity.
Was Adam D'Angelo’s Asana (ASAN) grant an open-market purchase?
No. The 1,186 shares were granted at $0.00 per share as non-cash director compensation, not bought in the market. The grant represents fees paid in stock under Asana’s Non-Employee Director Compensation Policy for the quarter ended April 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
