Adam D'Angelo of Asana (NYSE: ASAN) receives 1,186-share stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

2 transactions reported

Mixed 2 txns

Insider D'Angelo Adam

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,186	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 58,755 shares (Direct, null); Class A Common Stock — 1,078,170 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 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. 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.

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 06:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

D'Angelo Adam

(Last)

(First)

(Middle)

C/O ASANA, INC.

633 FOLSOM STREET, SUITE 100

(Street)

SAN FRANCISCO

CALIFORNIA

94107

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Asana, Inc. [ ASAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/01/2026		A		1,186⁽¹⁾	A	$0	58,755	D
Class A Common Stock								1,078,170	I	See footnote⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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 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.

2. The shares are held of record by Adam D'Angelo Trustee Adam D'Angelo Revocable Trust Dtd 3/13/08.

Remarks:

	/s/ Katie Colendich, Attorney-in-Fact	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How many Asana (ASAN) shares did Adam D'Angelo receive as compensation?

He received 1,186 shares of Asana Class A Common Stock at $0.00 per share. These shares represent quarterly director fees taken in stock rather than cash, calculated using Asana’s closing share price on April 30, 2026, under the company’s 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.

How was the number of Asana (ASAN) shares for the director grant determined?

The number of shares was based on Asana’s closing Class A Common Stock price on April 30, 2026. Under the Non-Employee Director Compensation Policy, Adam D'Angelo elected to receive stock in lieu of cash, and the closing price set the share calculation for his quarterly fees.