Was the Asana CFO share sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025. This indicates the sale followed a pre-established plan rather than an ad hoc trade.

Asana CFO sells 30,650 shares in planned trade

Asana, Inc. Chief Financial Officer Megji Aziz reported an open-market sale of 30,650 shares of Class A Common Stock on March 27, 2026 at an average price of $6.1033 per share.

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Filing Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

Asana, Inc. Chief Financial Officer Megji Aziz reported an open-market sale of 30,650 shares of Class A Common Stock on March 27, 2026 at an average price of $6.1033 per share. The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025. Following this sale, Aziz directly holds 224,549 Asana shares, indicating she retains a substantial equity position in the company.

Insider Trade Summary 10b5-1

Net Seller: 30,650 shares

Net Sell 1 txn

Insider Megji Aziz

Role Chief Financial Officer

Sold 30,650 shs ($187K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	30,650	$6.1033	$187K

Holdings After Transaction: Class A Common Stock — 224,549 shares (Direct)

Footnotes (1)

F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 14, 2025.

Key Figures

Shares sold: 30,650 shares Sale price: $6.1033 per share Shares held after sale: 224,549 shares

3 metrics

Shares sold 30,650 shares Open-market sale on March 27, 2026

Sale price $6.1033 per share Average price for the March 27, 2026 sale

Shares held after sale 224,549 shares Direct ownership following the reported transaction

Key Terms

Rule 10b5-1 trading plan, open-market sale, Class A Common Stock

3 terms

Rule 10b5-1 trading plan financial

"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 14, 2025."

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.

open-market sale financial

"transaction_action: "open-market sale" for the Class A Common Stock transaction."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title: "Class A Common Stock" for the reported transaction."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Asana (ASAN) disclose for CFO Megji Aziz?

Asana reported that CFO Megji Aziz sold 30,650 shares of Class A Common Stock in an open-market transaction at an average price of $6.1033 per share. After this sale, she directly owns 224,549 Asana shares.

When did Asana CFO Megji Aziz sell shares and at what price?

CFO Megji Aziz sold 30,650 Asana Class A Common Stock shares on March 27, 2026 at an average price of $6.1033 per share. This transaction was reported in a Form 4 insider filing.

How many Asana (ASAN) shares does CFO Megji Aziz hold after the reported sale?

After selling 30,650 shares, CFO Megji Aziz directly holds 224,549 shares of Asana Class A Common Stock. This post-transaction ownership figure is disclosed in the Form 4 as total shares following the transaction.

What type of security did Asana CFO Megji Aziz sell in the Form 4 filing?

The Form 4 shows that CFO Megji Aziz sold Asana’s Class A Common Stock. The transaction involved 30,650 shares in an open-market sale at an average price of $6.1033 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/31/2026 - 05:13 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^*

Megji Aziz

(Last)

(First)

(Middle)

633 FOLSOM ST. 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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	03/27/2026		S⁽¹⁾		30,650	D	$6.1033	224,549	D

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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 14, 2025.

Remarks:

	/s/ Katie Colendich, Attorney-in-Fact	03/31/2026
	** 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