ON24 Board Member's Stock Holdings Jump 26% After Latest Compensation Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON24 Director Barry Zwarenstein received 31,855 restricted stock units (RSUs) on June 20, 2025, as part of director compensation. Following this transaction, Zwarenstein now beneficially owns 154,586 shares directly.
Key details of the RSU grant:
- Transaction price: $0.00 (standard RSU grant)
- Vesting schedule: Earlier of (i) next year's Annual Meeting date (or day before if service ends due to non-re-election) or (ii) first anniversary of grant date
- Transaction type: Non-derivative securities acquisition
This Form 4 filing indicates standard board of director equity compensation, which aligns the director's interests with shareholders. The filing was signed by Charles Rogerson as attorney-in-fact on June 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZWARENSTEIN BARRY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,855 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 154,586 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for ONTF director Barry Zwarenstein's RSU grant?
The RSUs will vest on the earlier of: (1) the date of the following year's Annual Meeting (or the day before if the director's service ends due to not being re-elected or not standing for re-election), or (2) the first anniversary of the grant date.
What is Barry Zwarenstein's role at ONTF according to the Form 4?
According to the Form 4 filing, Barry Zwarenstein serves as a Director of ON24 Inc. (ONTF), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
What was the purchase price for ONTF RSUs granted to Barry Zwarenstein?
The RSUs were granted to Barry Zwarenstein at a price of $0.00, effectively as part of his compensation as a director of ONTF.