Asana (ASAN) GC sells 5,242 shares, holds 176,598 after trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asana, Inc. General Counsel and Corporate Secretary Katie Marie Colendich reported an open-market sale of Class A Common Stock. She sold 5,242 shares at a price of $6.685 per share. After this transaction, she directly holds 176,598 shares of Asana Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,242 shares ($35,043)
Net Sell
1 txn
Insider
Colendich Katie Marie
Role
GC, Corporate Secretary
Sold
5,242 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,242 | $6.685 | $35K |
Holdings After Transaction:
Class A Common Stock — 176,598 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,242 shares
Sale price: $6.685 per share
Shares held after transaction: 176,598 shares
3 metrics
Shares sold
5,242 shares
Open-market sale of Class A Common Stock
Sale price
$6.685 per share
Price for the 5,242 shares sold
Shares held after transaction
176,598 shares
Direct ownership following the sale
Key Terms
Class A Common Stock, open-market sale, Form 4
3 terms
Class A Common Stock financial
"security_title: "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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Asana (ASAN) disclose for Katie Marie Colendich?
Asana disclosed that Katie Marie Colendich, its General Counsel and Corporate Secretary, sold 5,242 shares of Class A Common Stock in an open-market transaction at $6.685 per share, as reported in a Form 4 insider trading filing.
What is the role of Katie Marie Colendich at Asana (ASAN) in this Form 4 filing?
In this Form 4 filing, Katie Marie Colendich is identified as an officer of Asana, serving as General Counsel and Corporate Secretary. The filing reports her personal open-market sale of Asana Class A Common Stock.
Was the Asana (ASAN) insider trade by Katie Marie Colendich a buy or a sell?
The insider trade reported for Katie Marie Colendich was a sale. The Form 4 classifies the transaction with code “S,” indicating an open-market sale of 5,242 Asana Class A Common Stock shares at $6.685 per share.