Asana (NYSE: ASAN) director takes equity grant instead of cash pay

Rhea-AI Filing Summary

Anderson-Copperman Krista reported acquisition or exercise transactions in this Form 4 filing.

Asana, Inc. director Krista Anderson-Copperman received 2,056 shares of Class A Common Stock as equity compensation. The shares were granted on a no-cash basis under Asana's Non-Employee Director Compensation Policy for the quarter ended April 30, 2026, in lieu of cash fees.

After this grant, she directly holds 67,844 shares of Asana Class A Common Stock. This is a routine stock award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Anderson-Copperman Krista

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	2,056	$0.00	--

Holdings After Transaction: Class A Common Stock — 67,844 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 2,056 shares Grant price basis: Closing price on April 30, 2026 Shares owned after grant: 67,844 shares +1 more

4 metrics

Shares granted 2,056 shares Equity compensation for quarter ended April 30, 2026

Grant price basis Closing price on April 30, 2026 Used to calculate shares in lieu of cash

Shares owned after grant 67,844 shares Director’s direct holdings following this Form 4 transaction

Transaction code A (grant, award, or other acquisition) Non-derivative Class A Common Stock

Key Terms

Non-Employee Director Compensation Policy, Class A Common Stock, grant, award, or other acquisition

3 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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Anderson-Copperman Krista

(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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/01/2026		A		2,056(1)	A	$0	67,844	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

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)

FAQ

What did Asana (ASAN) director Krista Anderson-Copperman report in this Form 4?

She reported receiving 2,056 shares of Asana Class A Common Stock as a stock grant. The award was provided under the Non-Employee Director Compensation Policy for the quarter ended April 30, 2026, and represents routine equity compensation in lieu of cash fees.

How many Asana (ASAN) shares did the director receive as compensation?

Krista Anderson-Copperman received 2,056 shares of Class A Common Stock. These shares were issued instead of cash compensation for her board service during the quarter ended April 30, 2026, based on the stock’s closing price on that date under company policy.

What is the nature of the Asana (ASAN) transaction reported by Krista Anderson-Copperman?

The filing shows a grant classified as a “grant, award, or other acquisition” of non-derivative Class A Common Stock. It reflects equity compensation under Asana’s Non-Employee Director Compensation Policy, not an open-market share purchase or sale by the director.

How many Asana (ASAN) shares does the director hold after this grant?

Following the stock grant, Krista Anderson-Copperman directly holds 67,844 shares of Asana Class A Common Stock. This post-transaction balance shown in the filing helps indicate that the 2,056-share award is a relatively small, routine part of her overall holdings.

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

The number of shares was calculated using the closing price of Asana Class A Common Stock on April 30, 2026. This calculation converted the director’s quarter-end cash compensation amount into 2,056 shares under Asana’s Non-Employee Director Compensation Policy.