Asana CAO sells shares to cover RSU taxes

Asana, Inc. Chief Accounting Officer Veronica Sosa reported an open-market sale of 6,479 shares of Class A Common Stock at $6.6474 per share.

Rhea-AI Filing Summary

Asana, Inc. Chief Accounting Officer Veronica Sosa reported an open-market sale of 6,479 shares of Class A Common Stock at $6.6474 per share. According to the footnote, this sale was required under Asana’s policy to sell shares to cover taxes from vesting Restricted Stock Units. After the transaction, she directly held 73,722 shares.

Insights

Insider trading analyst

Small, policy-driven tax sale; limited informational value.

Chief Accounting Officer Veronica Sosa sold 6,479 Asana Class A shares at $6.6474 each. A footnote explains the sale was mandated by company policy to cover tax obligations tied to vesting and settlement of Restricted Stock Units, not a discretionary trade.

Following the sale, she still directly holds 73,722 shares, indicating she retains a substantial equity position. Because the transaction is a routine, policy-driven sell-to-cover event rather than a voluntary reduction in ownership, it carries limited signal about her view of Asana’s prospects.

Insider Trade Summary

Net Seller: 6,479 shares

Net Sell 1 txn

Insider Sosa Veronica

Role Chief Accounting Officer

Sold 6,479 shs ($43K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	6,479	$6.6474	$43K

Holdings After Transaction: Class A Common Stock — 73,722 shares (Direct)

Footnotes (1)

1. F1. This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).

FAQ

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

What insider transaction did Asana (ASAN) report for Veronica Sosa?

Asana reported that Chief Accounting Officer Veronica Sosa sold 6,479 shares of Class A Common Stock at $6.6474 per share. The sale was tied to tax obligations from vesting Restricted Stock Units rather than a discretionary open-market liquidation.

Why did Asana CAO Veronica Sosa sell 6,479 ASAN shares?

The sale was executed under Asana’s sell-to-cover policy to satisfy tax obligations from vesting and settlement of Restricted Stock Units. This means shares were sold automatically to pay taxes, not as a discretionary portfolio decision by the executive.

How many Asana shares does Veronica Sosa hold after this Form 4 transaction?

After the reported transaction, Chief Accounting Officer Veronica Sosa directly holds 73,722 shares of Asana Class A Common Stock. This remaining stake shows she continues to maintain a meaningful equity interest in the company following the policy-driven tax sale.

Was Veronica Sosa’s Asana stock sale a routine tax sell-to-cover event?

Yes. The filing’s footnote states the sale was effected under Asana’s policy requiring sell-to-cover transactions to pay taxes on vesting Restricted Stock Units. Such policy-driven events are generally considered routine administrative transactions rather than discretionary insider trades.

What does the transaction code on Veronica Sosa’s Asana filing indicate?

The transaction code is "S," indicating a sale of non-derivative Asana Class A shares. However, the accompanying footnote clarifies this was a company-policy sell-to-cover for RSU-related taxes, which reduces its significance as a signal of insider sentiment.

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

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Accepted by SEC EDGAR 03/24/2026 - 04:49 PM Learn about SEC filing dates

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^*

Sosa Veronica

(Last) (First) (Middle)

C/O ASANA, INC.

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 Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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	03/20/2026		S(1)		6,479	D	$6.6474	73,722	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. This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).

Remarks:

	/s/ Katie Colendich, Attorney-in-Fact	03/24/2026
	** 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)