Tax-driven stock sale by Asana (NYSE: ASAN) general counsel

Rhea-AI Filing Summary

Asana, Inc. reported that general counsel and corporate secretary Katie Marie Colendich sold 3,575 shares of Class A common stock at an average price of $6.6474 per share on March 20, 2026. The sale was made under a company policy to sell shares to cover tax obligations from vested RSUs. Following this transaction, she holds 104,639 shares directly.

Insider Trade Summary

Net Seller: 3,575 shares ($23,764)

Net Sell 1 txn

Insider Colendich Katie Marie

Role GC, Corporate Secretary

Sold 3,575 shs ($24K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,575	$6.6474	$24K

Holdings After Transaction: Class A Common Stock — 104,639 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

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)
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)		3,575	D	$6.6474	104,639	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	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)

FAQ

What insider stock transaction did Asana (ASAN) report for Katie Marie Colendich?

Asana reported that general counsel Katie Marie Colendich sold 3,575 shares of Class A common stock at $6.6474 per share. The sale occurred on March 20, 2026 and was linked to vested RSU tax obligations.

Why did Asana’s general counsel sell shares in this Form 4 filing for ASAN?

The shares were sold pursuant to Asana’s policy requiring sell-to-cover transactions to satisfy certain tax obligations. These obligations arose from the vesting and settlement of restricted stock units rather than from a discretionary open-market sale decision.

How many Asana (ASAN) shares does Katie Marie Colendich hold after the reported sale?

After selling 3,575 shares, Katie Marie Colendich directly holds 104,639 shares of Asana Class A common stock. This post-transaction balance is disclosed in the Form 4 as her ownership position following the March 20, 2026 transaction.

What was the price per share in the Asana (ASAN) insider sale reported on March 20, 2026?

The reported transaction price was $6.6474 per share for the 3,575 Asana Class A shares sold. This figure reflects the average sale price disclosed for the tax-related sell-to-cover transaction in the Form 4 filing.

What role does Katie Marie Colendich hold at Asana (ASAN) in this Form 4?

Katie Marie Colendich is identified as an officer of Asana, serving as general counsel and corporate secretary. Her status as an executive officer requires reporting of transactions like this tax-driven sale on Form 4 under insider reporting rules.