Asana GC sells 15,984 shares in preset plan

Asana, Inc. General Counsel and Corporate Secretary Katie Marie Colendich reported selling a total of 15,984 shares of Class A common stock in two open-market transactions.

Rhea-AI Filing Summary

Asana, Inc. General Counsel and Corporate Secretary Katie Marie Colendich reported selling a total of 15,984 shares of Class A common stock in two open-market transactions. She sold 8,337 shares at a weighted average price of $6.742 per share and 7,647 shares at a weighted average price of $6.659 per share.

The filing notes that at least one of these sales was required to cover tax obligations arising from the vesting and settlement of restricted stock units, and that the sales were made under a Rule 10b5-1 trading plan. Following the transactions, she continues to hold 181,840 shares directly.

Insider Trade Summary 10b5-1

Net Seller: 15,984 shares

Net Sell 2 txns

Insider Colendich Katie Marie

Role GC, Corporate Secretary

Sold 15,984 shs ($107K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	8,337	$6.742	$56K
Sale	Class A Common Stock	7,647	$6.659	$51K

Holdings After Transaction: Class A Common Stock — 181,840 shares (Direct)

Footnotes (3)

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).
2. F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 25, 2026.
3. F3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.61 to $6.88 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.

Key Figures

Shares sold (total): 15,984 shares First sale size: 8,337 shares First sale price: $6.742 per share +4 more

7 metrics

Shares sold (total) 15,984 shares Two open-market sales of Class A common stock

First sale size 8,337 shares Class A common stock sold on 2026-06-24

First sale price $6.742 per share Weighted average sale price

Second sale size 7,647 shares Class A common stock sold on 2026-06-22

Second sale price $6.659 per share Weighted average sale price

Shares held after transactions 181,840 shares Direct ownership following reported sales

Price range of sales $6.61–$6.88 per share Multiple trades within this range

Key Terms

Restricted Stock Units (RSUs), Rule 10b5-1 trading plan, sell-to-cover, weighted average sale price

4 terms

Restricted Stock Units (RSUs) financial

"vesting and settlement of certain Restricted Stock Units (RSUs)"

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.

Rule 10b5-1 trading plan regulatory

"sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

sell-to-cover financial

"policy requiring sell-to-cover to satisfy certain tax obligations"

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

weighted average sale price financial

"The reported price in Column 4 is a weighted average sale price."

FAQ

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

How many Asana (ASAN) shares did Katie Colendich sell in this Form 4?

Katie Colendich sold a total of 15,984 Asana Class A common shares. The transactions occurred in two open-market sales of 8,337 and 7,647 shares, at weighted average prices of $6.742 and $6.659 per share, respectively.

What prices were received for the Asana (ASAN) shares sold by Katie Colendich?

The reported sales used weighted average prices of $6.742 and $6.659 per share. Footnotes explain the shares were sold in multiple trades within price ranges between $6.61 and $6.88 per share, with full trade-level details available on request.

Does Katie Colendich still hold Asana (ASAN) shares after these sales?

Yes, Katie Colendich continues to hold 181,840 shares of Asana Class A common stock directly after the reported sales. This remaining position is disclosed in the post-transaction ownership columns for each transaction in the Form 4.

Why were some of Katie Colendich’s Asana (ASAN) shares sold according to the Form 4?

The Form 4 states that at least one sale was executed under a sell-to-cover policy. This policy requires share sales to satisfy certain tax obligations triggered by the vesting and settlement of restricted stock units granted to the reporting person.

Were Katie Colendich’s Asana (ASAN) share sales under a Rule 10b5-1 plan?

Yes. A footnote explains that the sales reported were effected pursuant to a Rule 10b5-1 trading plan. Such plans pre-arrange trading instructions, making the timing of these transactions more mechanical and less discretionary.

What role does Katie Colendich hold at Asana (ASAN) according to this filing?

The Form 4 identifies Katie Colendich as an officer of Asana, serving as General Counsel and Corporate Secretary. Her insider status requires public reporting of transactions in Asana’s Class A common stock under SEC rules.

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

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Accepted by SEC EDGAR 06/24/2026 - 06:05 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).

X

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^*

Colendich Katie Marie

(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)
	GC, Corporate Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

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	06/22/2026		S(1)		7,647	D	$6.659	190,177	D
Class A Common Stock	06/24/2026		S(2)		8,337	D	$6.742(3)	181,840	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).

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 25, 2026.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.61 to $6.88 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.

Remarks:

	/s/ Katie Colendich	06/24/2026
	** 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)