ON24 (ONTF) CEO Sharat Sharan sells 17,171 shares in tax trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON24 Inc. President and CEO Sharat Sharan reported an open-market sale of 17,171 shares of Common Stock at a weighted average price of $8.0656 per share. The shares were sold pursuant to a Rule 10b5-1 trading plan and to cover tax withholding obligations tied to restricted stock unit vesting. Following this transaction, he directly holds 3,718,512 shares of ON24 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,171 shares ($138,494)
Net Sell
1 txn
Insider
Sharan Sharat
Role
President and Chief Executive
Sold
17,171 shs ($138K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,171 | $8.0656 | $138K |
Holdings After Transaction:
Common Stock — 3,718,512 shares (Direct)
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on May 14, 2025. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.06 to $8.075 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (3) to this Form 4.
FAQ
What insider transaction did ON24 (ONTF) report for CEO Sharat Sharan?
ON24 reported that President and CEO Sharat Sharan sold 17,171 shares of common stock. The sale was reported as an open-market transaction and is disclosed in a Form 4 insider trading report.
What type of security did ON24 (ONTF) CEO Sharat Sharan sell?
The transaction involved ON24 common stock. The Form 4 specifies that the 17,171 shares sold were non-derivative securities, separate from any options or other derivative positions, which are not listed in this filing.