[144] ON24, Inc. SEC Filing
ON24, Inc. (ONTF) Form 144 notice for proposed sale of common stock. The notice reports an intended sale of 20,116 shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $112,850.76 and an approximate sale date of 09/09/2025. The shares were acquired as Restricted Stock Units on 09/01/2025 and payment is recorded as N/A. The filer, identified in prior transactions as Steven Vattuone, sold multiple blocks totaling 21,376 shares in August and September 2025 generating gross proceeds shown per trade.
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Insights
TL;DR: Insider filing indicates planned sale of company shares under Rule 144; includes prior 10b5-1 and open-market trades.
This Form 144 documents a planned disposition of 20,116 ONTF common shares via Morgan Stanley Smith Barney with an approximate sale date of 09/09/2025. The securities were acquired as Restricted Stock Units on 09/01/2025. The filing lists multiple recent sales by Steven Vattuone, including a noted 10b5-1 sale on 08/21/2025. From a compliance perspective, the form supplies required transaction dates, amounts, broker, and aggregate market value, consistent with Rule 144 disclosure norms.
TL;DR: Insider selling activity is documented but not accompanied by operational or financial metrics; impact appears neutral without further context.
The filing shows planned and recent insider sales totaling material share counts over weeks: recent executed sales include 6,394; 3,549; 3,222; 5,117 (10b5-1); and 3,094 shares, producing stated gross proceeds per trade. While these amounts are meaningful at the transaction level, the form does not provide company financials or context to assess valuation impact. Investors must reference company filings for broader material implications.