ON24 (ONTF) CFO reports Rule 10b5-1 stock sales and 539,664-share stake
Rhea-AI Filing Summary
ON24, Inc. Chief Financial Officer Steven Vattuone reported open-market sales of ON24 common stock in early December 2025. On December 1, 2025, he sold 13,510 shares at a weighted average price of $5.6951, and on December 2, 2025 he sold 12,754 shares at a weighted average price of $5.6626. On December 3, 2025, he sold an additional 9,453 shares at a weighted average price of $5.8294. The filing states that some of these shares were sold to cover tax withholding tied to restricted stock unit vesting and that transactions on December 1 and December 3 were executed under Rule 10b5-1 trading plans adopted in August and September 2024. Following these sales, Vattuone directly beneficially owns 539,664 ON24 shares.
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FAQ
What insider transaction did ON24 (ONTF) disclose in this Form 4?
The Form 4 reports that Steven Vattuone, Chief Financial Officer of ON24, Inc., sold shares of ON24 common stock in three transactions on December 1, 2, and 3, 2025.
How many ON24 (ONTF) shares did the CFO sell and at what prices?
Steven Vattuone sold 13,510 shares at a weighted average price of $5.6951 on December 1, 12,754 shares at $5.6626 on December 2, and 9,453 shares at $5.8294 on December 3, 2025.
How many ON24 (ONTF) shares does the CFO own after these transactions?
After the reported sales, Steven Vattuone directly beneficially owns 539,664 shares of ON24 common stock.
Were the ON24 (ONTF) CFO’s share sales under a Rule 10b5-1 plan?
Yes. The filing states that the December 1, 2025 transactions were made under a Rule 10b5-1 trading plan adopted on August 7, 2024, and the December 3, 2025 transaction was made under a Rule 10b5-1 plan adopted on September 12, 2024.
Why did the ON24 (ONTF) CFO sell some of his shares?
The filing notes that certain shares sold represent the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units.
Did the ON24 (ONTF) Form 4 report any derivative securities activity?
The section for derivative securities is included in the form, but no specific derivative transactions or holdings are listed in the provided content.
What price ranges did the ON24 (ONTF) shares trade in for these insider sales?
The filing explains that the reported prices are weighted averages. The December 1 sales occurred between $5.59 and $5.765, the December 2 sales between $5.61 and $5.71, and the December 3 sales between $5.70 and $5.91.