Asana CEO sells 13,790 shares under 10b5-1 plan
Asana, Inc. director and CEO Daniel Mark Rogers reported an open-market sale of 13,790 shares of Class A Common Stock.
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Rhea-AI Filing Summary
Asana, Inc. director and CEO Daniel Mark Rogers reported an open-market sale of 13,790 shares of Class A Common Stock. The shares were sold at a weighted average price of $6.895 per share, in multiple trades between $6.73 and $7.00.
After this transaction, he directly holds 1,891,990 Asana shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 31, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Insights
CEO Rogers made a small, pre-planned share sale while retaining a large stake.
Daniel Mark Rogers sold 13,790 Asana Class A shares at a weighted average price of $6.895, with individual trades between $6.73 and $7.00. Following the sale, he still directly holds 1,891,990 shares, so the transaction reflects only a small portion of his overall equity position.
The filing specifies that the sale occurred under a Rule 10b5-1 trading plan adopted on March 31, 2026. Such plans are established in advance and automate trades, which generally reduces the informational value of transaction timing. Future company filings will provide additional context on any subsequent plan-driven transactions.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,790 | $6.895 | $95K |
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 31, 2026.
- F2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.73 to $7.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
open-market sale financial
Class A Common Stock financial
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