Asana (NYSE: ASAN) director receives 22,378 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asana, Inc. director Marc Boroditsky received a grant of 22,378 Restricted Stock Units (RSUs) tied to the company’s Class A Common Stock. Each RSU converts into one share upon settlement. The RSUs vest 100% on the earlier of June 8, 2027 or the next annual stockholder meeting, assuming he remains in continuous service. Following this award, Boroditsky directly holds 45,649 shares of Class A Common Stock, reflecting a routine, compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boroditsky Marc
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,378 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 45,649 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 22,378 RSUs
Total shares after grant: 45,649 shares
Vesting date: June 8, 2027
+1 more
4 metrics
RSU grant size
22,378 RSUs
Grant of Restricted Stock Units on June 8, 2026
Total shares after grant
45,649 shares
Class A Common Stock directly held after transaction
Vesting date
June 8, 2027
100% of RSUs vest on this date or next annual meeting
Price per share
$0.00 per share
Compensation-related RSU grant, not open-market purchase
Key Terms
Restricted Stock Units (RSUs), Class A Common Stock, continuous service
3 terms
Restricted Stock Units (RSUs) financial
"Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share"
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.
continuous service financial
"subject to the Reporting Person's continuous service through such date"
FAQ
What did Asana (ASAN) director Marc Boroditsky report in this Form 4?
Marc Boroditsky reported receiving a grant of 22,378 Restricted Stock Units (RSUs) in Asana Class A Common Stock. These RSUs are part of his equity compensation and will convert into shares upon vesting, increasing his direct ownership stake in the company over time.
How many Asana (ASAN) RSUs were granted to Marc Boroditsky and on what date?
Marc Boroditsky was granted 22,378 Restricted Stock Units on June 8, 2026. Each RSU represents a contingent right to receive one share of Asana’s Class A Common Stock, subject to vesting and his continued service with the company through the applicable vesting date.
What is the vesting schedule for Marc Boroditsky’s Asana (ASAN) RSU grant?
All 22,378 RSUs vest 100% on the earlier of June 8, 2027 or the day of Asana’s next annual meeting of stockholders. Vesting is conditioned on Marc Boroditsky’s continuous service with Asana through that date, aligning his compensation with ongoing board tenure.
Is Marc Boroditsky’s Asana (ASAN) RSU grant an open-market stock purchase?
No, the RSU grant is compensation-related and not an open-market stock purchase. The shares are awarded at no cash cost per share and will be issued only if vesting conditions are met, rather than being bought on the open market by the director.