Asana (ASAN) CEO receives 654,665 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asana, Inc. reported that Chief Executive Officer Daniel Mark Rogers received an award of 654,665 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs). Each RSU converts into one share upon settlement, bringing his direct holdings to 1,932,755 shares after the grant.
The RSUs vest over time: 1/12 of the units are scheduled to vest and settle into Class A shares on June 20, 2026, with the remaining units vesting and settling in equal quarterly installments thereafter. This is a compensation-related equity grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Daniel Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 654,665 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,932,755 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 654,665 shares
Grant price: $0.0000 per share
Holdings after transaction: 1,932,755 shares
+2 more
5 metrics
RSU grant size
654,665 shares
Restricted Stock Units granted to CEO Daniel Mark Rogers
Grant price
$0.0000 per share
Reported transaction price per share for RSU award
Holdings after transaction
1,932,755 shares
CEO direct Class A Common Stock holdings following RSU grant
Initial vesting date
June 20, 2026
1/12 of RSUs vest and settle on this date
Subsequent vesting pattern
1/12 quarterly
Remaining RSUs vest and settle in equal quarterly installments
Key Terms
Restricted Stock Units (RSUs), Class A Common Stock, vest and settle, contingent right
4 terms
Restricted Stock Units (RSUs) financial
"Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
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.
vest and settle financial
"1/12 of the RSUs vest and settle into shares of Class A Common Stock on June 20, 2026"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
FAQ
What equity award did Asana (ASAN) CEO Daniel Mark Rogers receive?
Daniel Mark Rogers received 654,665 Restricted Stock Units (RSUs), each representing one share of Asana Class A Common Stock. The award is a stock-based compensation grant, not an open-market purchase, and increases his direct share holdings reported in this filing.
How do the new RSUs for Asana (ASAN) CEO vest over time?
The RSUs vest gradually, with 1/12 scheduled to vest and settle into Class A shares on June 20, 2026. The remaining RSUs vest and settle in additional 1/12 increments on a quarterly basis, creating a multi-year vesting schedule tied to continued service.
Was the Asana (ASAN) CEO’s RSU award an open-market stock purchase?
No. The 654,665 shares were granted as Restricted Stock Units (RSUs) with a zero dollar grant price per share. This is a compensation-related equity award, not an open-market buy or sell transaction involving cash paid at the time of grant.
What does each RSU in the Asana (ASAN) CEO grant represent?
Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Asana’s Class A Common Stock upon settlement. Settlement occurs as units vest over time, so actual shares are delivered according to the specified vesting schedule.