Asana (NYSE: ASAN) COO logs December 2025 stock sales and RSU tax sale

Rhea-AI Filing Summary

Asana, Inc. reported that its Chief Operating Officer, an executive officer, sold Class A common stock in several December 2025 transactions. On 12/18/2025, the officer sold 22,198 shares at a weighted average price of $14.515 per share. On 12/19/2025, additional sales of 9,847 shares at a weighted average price of $14.511 and 66,246 shares at a weighted average price of $14.464 were reported. On 12/22/2025, the officer sold 62,165 shares at $14.31 per share, with this sale made under the company’s sell-to-cover policy to satisfy tax obligations from vesting of RSUs. Following these transactions, the officer beneficially owned 702,013 Class A common shares directly.

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

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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^*

Raimondi Anne

(Last) (First) (Middle)

C/O ASANA, INC.

633 FOLSOM STREET, SUITE 100

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

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 Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/18/2025		S		22,198	D	$14.515(1)	840,271	D
Class A Common Stock	12/19/2025		S		9,847	D	$14.511(1)	830,424	D
Class A Common Stock	12/19/2025		S		66,246	D	$14.464(2)	764,178	D
Class A Common Stock	12/22/2025		S		62,165(3)	D	$14.31	702,013	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. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.50 to $14.57 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.33 to $14.52 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. 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	12/22/2025
	** 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).
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FAQ

What insider transaction did Asana (ASAN) disclose in this Form 4?

Asana disclosed that its Chief Operating Officer reported multiple sales of Class A common stock in December 2025, as shown in the Form 4 table.

How many Asana (ASAN) shares did the COO sell and on which dates?

The COO sold 22,198 shares on 12/18/2025, 9,847 and 66,246 shares on 12/19/2025, and 62,165 shares on 12/22/2025.

At what prices were the Asana (ASAN) shares sold by the COO?

Reported weighted average sale prices were $14.515 and $14.511 per share on the first two 2025 transactions, $14.464 on the larger 12/19 sale, and $14.31 on 12/22/2025.

How many Asana (ASAN) shares does the COO own after these transactions?

After the reported December 2025 sales, the COO beneficially owned 702,013 shares of Asana Class A common stock directly.

Were any of the Asana (ASAN) insider sales related to RSU tax obligations?

Yes. The filing states that the 12/22/2025 sale of 62,165 shares was made under the issuer’s sell-to-cover policy to satisfy tax obligations from vesting and settlement of certain RSUs.

Were the reported Asana (ASAN) sale prices single trades or weighted averages?

The filing notes that some reported prices are weighted average sale prices, with the shares sold in multiple transactions within stated price ranges.