ON24 (ONTF) EVP and CTO reports stock sales to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON24, Inc. reported insider share sales by an executive officer. The Executive Vice President, Product and Chief Technology Officer sold 12,372 shares of ON24 common stock on 12/01/2025 at a weighted average price of $5.6951 and 11,681 shares on 12/02/2025 at a weighted average price of $5.6626. After these transactions, the officer beneficially owned 718,961 shares and 707,280 shares, respectively, held directly.
The sales were made under a Rule 10b5-1 trading plan adopted on March 4, 2025 and represent shares sold to cover tax withholding obligations related to the vesting of restricted stock units. The prices reported reflect weighted averages across multiple trades within disclosed price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,053 shares ($136,605)
Net Sell
2 txns
Insider
Sahasi Jayesh
Role
EV President, Product and CTO
Sold
24,053 shs ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,681 | $5.6626 | $66K |
| Sale | Common Stock | 12,372 | $5.6951 | $70K |
Holdings After Transaction:
Common Stock — 707,280 shares (Direct)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on March 4, 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 $5.59 to $ 5.765 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.61 to $ 5.71 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 (4) to this Form 4.
FAQ
What insider transaction did ON24 (ONTF) disclose in this Form 4?
An executive officer of ON24, Inc. reported selling shares of ON24 common stock on 12/01/2025 and 12/02/2025 in open-market transactions.
Were the ON24 (ONTF) insider sales part of a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2025.
What is the relationship of the reporting person to ON24 (ONTF)?
The reporting person is an officer of ON24, serving as Executive Vice President, Product and Chief Technology Officer.
How were the ON24 (ONTF) sale prices calculated in the Form 4?
The reported prices are weighted average prices, with the filing noting the shares were sold in multiple transactions within stated price ranges for each trading day.