[144] ON24, Inc. SEC Filing
The filing notifies a proposed sale of 10,066 shares of ON24, Inc. common stock through Morgan Stanley Smith Barney LLC on 08/11/2025 on the NYSE. The shares carry an aggregate market value of $49,625.38 against 42,306,290 shares outstanding and were acquired as restricted stock units from the issuer on 06/21/2025. The filer reports no securities sold in the past three months and includes the standard representation that they do not possess undisclosed material adverse information. This Form 144 provides Rule 144 transaction details for compliance purposes.
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Insights
TL;DR: This Rule 144 notice discloses a small, routine sale of recently vested RSUs; no material market impact is expected.
The filing shows a proposed sale of 10,066 common shares valued at $49,625.38, representing roughly 0.024% of the 42,306,290 shares outstanding. The shares were acquired as restricted stock units on 06/21/2025 and the sale is scheduled for 08/11/2025 via Morgan Stanley Smith Barney LLC on the NYSE. Given the low absolute value relative to outstanding shares, this disclosure is primarily a compliance item rather than a market-moving transaction.
TL;DR: The filer is following Rule 144 disclosure practice; the notice and the signature representation address compliance requirements.
The Form 144 records acquisition details, broker information, and the filers attestation that no material nonpublic adverse information exists. It also notes there were no securities sold in the past three months by the account. These elements indicate formal adherence to Rule 144 procedures for sales of restricted stock units, with routine documentation of the transaction timeline and broker channel.