Asana (NYSE: ASAN) legal chief sells 6,515 shares in planned trades

Rhea-AI Filing Summary

Asana, Inc.’s General Counsel and Corporate Secretary Katie Marie Colendich reported open‑market sales of Class A common stock totaling 6,515 shares across two days. She sold 1,500 shares at an average price of $6.3901 on March 24 and 5,015 shares at $6.42 on March 25. Following these transactions, she directly holds 99,624 Class A shares. The filing notes the sales were executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on June 27, 2025.

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)
03/24/2026

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	03/24/2026		S		1,500	D	$6.3901	104,639(1)	D
Class A Common Stock	03/25/2026		S(2)		5,015	D	$6.42	99,624	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. Includes 1,500 additional shares of Class A Common Stock acquired under the Asana, Inc. 2020 Employee Stock Purchase Plan on March 13, 2026. This transaction is exempt from Rule 16b-3(c).

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted June 27, 2025.

Remarks:

	/s/ Katie Colendich	03/26/2026
	** 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 transactions did Asana (ASAN) disclose for Katie Marie Colendich?

Asana reported that General Counsel Katie Marie Colendich sold 6,515 shares of Class A common stock in open‑market transactions. The sales occurred on March 24 and March 25, 2026, at prices slightly above $6.39 per share under a pre‑arranged trading plan.

How many Asana (ASAN) shares did Katie Marie Colendich sell and at what prices?

She sold 1,500 Asana Class A shares at $6.3901 on March 24, 2026, and 5,015 shares at $6.42 on March 25, 2026. In total, these transactions covered 6,515 shares in open‑market sales reported in the Form 4.

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

After the March 25, 2026 transaction, Katie Marie Colendich directly holds 99,624 shares of Asana Class A common stock. This figure reflects her position immediately following the two disclosed open‑market sales in the Form 4 filing.

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

Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5‑1 trading plan adopted on June 27, 2025. Such plans are pre‑arranged and are designed to allow insiders to systematically sell shares over time.

Did Katie Marie Colendich recently acquire additional Asana (ASAN) shares through an employee plan?

Yes. A footnote explains that her holdings include 1,500 additional Class A shares acquired under the Asana 2020 Employee Stock Purchase Plan on March 13, 2026. That employee stock purchase transaction is described as exempt from Rule 16b‑3(c) in the disclosure.

What is Katie Marie Colendich’s role at Asana (ASAN) related to these insider transactions?

Katie Marie Colendich serves as Asana’s General Counsel and Corporate Secretary. As a company officer, her trades in Asana Class A common stock must be reported on Form 4, providing transparency into her open‑market sales and other equity transactions.