STOCK TITAN

Asana (ASAN) CFO awarded 585,775 RSUs, now holding 810,324 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Megji Aziz reported acquisition or exercise transactions in this Form 4 filing.

Asana, Inc. reported that Chief Financial Officer Megji Aziz received a grant of 585,775 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs were granted at $0.00 per share as equity compensation, not through an open-market purchase. According to the vesting schedule, 1/12 of the RSUs will vest and settle into shares on June 20, 2026, with the remaining RSUs vesting in equal quarterly installments thereafter. Following this award, Aziz directly holds 810,324 shares of Asana’s Class A Common Stock.

Positive

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Insider Megji Aziz
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 585,775 $0.00 --
Holdings After Transaction: Class A Common Stock — 810,324 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 585,775 RSUs Grant of Restricted Stock Units to CFO Megji Aziz
Grant price $0.00 per share RSU grant price for Asana Class A Common Stock
Shares after transaction 810,324 shares Total Class A Common Stock held directly by CFO after grant
Initial vesting date June 20, 2026 1/12 of RSUs vest and settle on this date
Vesting pattern Quarterly installments Remaining RSUs vest and settle quarterly after June 20, 2026
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..."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/06/2026A585,775(1)A$0810,324D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/12 of the RSUs vest and settle into shares of Class A Common Stock on June 20, 2026, and 1/12 of the RSUs vest and settle into shares of Class A Common Stock quarterly thereafter.
Remarks:
/s/ Katie Colendich, Attorney-in-Fact05/08/2026
** Signature of Reporting PersonDate
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 insider transaction did Asana (ASAN) disclose for CFO Megji Aziz?

Asana disclosed an equity grant to its CFO. Megji Aziz received 585,775 Restricted Stock Units (RSUs), each convertible into one share of Class A Common Stock, as compensation rather than an open-market share purchase.

How many Asana (ASAN) RSUs were granted to the CFO and at what price?

The CFO received 585,775 RSUs at $0.00 per share. These RSUs represent a contingent right to receive Asana Class A Common Stock upon vesting, functioning as stock-based compensation instead of a cash transaction.

What is the vesting schedule for Megji Aziz’s Asana (ASAN) RSU award?

The RSUs vest over a multi-year schedule. One-twelfth of the 585,775 RSUs will vest and settle into shares on June 20, 2026, with the remaining units vesting and settling in equal quarterly installments thereafter.

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

After the grant, the CFO holds 810,324 shares directly. This figure reflects total Class A Common Stock reported as owned by Megji Aziz following the 585,775-RSU award described in the Form 4.

Do the Asana (ASAN) RSUs give immediate share ownership to the CFO?

The RSUs confer a contingent right, not immediate shares. Each RSU represents a right to receive one share of Class A Common Stock upon settlement, which occurs as the units vest over time beginning June 20, 2026.

Was Asana’s (ASAN) CFO Form 4 transaction a market buy or a compensation grant?

The transaction was a compensation-related grant. The filing classifies the 585,775-share award as a grant or other acquisition (code A) at $0.00 per share, rather than an open-market stock purchase or sale.