[Form 4] ON24 INC. Insider Trading Activity
Rhea-AI Filing Summary
ON24, Inc. (ONTF) Executive Vice President, Product and CTO Sahasi Jayesh reported a sale of 4,099 shares of ON24 common stock on 11/20/2025 at a weighted average price of $5.2978 per share. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted on March 4, 2025 and that the shares sold were used to cover tax withholding obligations tied to the vesting of restricted stock units. Following this transaction, the reporting person beneficially owned 731,333 shares of ON24 common stock, which includes 1,200 shares acquired through the ON24, Inc. 2021 Employee Stock Purchase Plan on November 14, 2025.
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FAQ
What did ON24 (ONTF) disclose in this Form 4 filing?
The filing reports that Executive Vice President, Product and CTO Sahasi Jayesh sold 4,099 shares of ON24 common stock on 11/20/2025 at a weighted average price of $5.2978 per share.
Why were the 4,099 ON24 (ONTF) shares sold by the executive?
The filing explains that the 4,099 shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
Was the ON24 (ONTF) insider sale made under a Rule 10b5-1 trading plan?
Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2025.
How many ON24 (ONTF) shares does the executive own after this transaction?
After the reported sale, the executive beneficially owned 731,333 shares of ON24 common stock.
Does the ON24 (ONTF) Form 4 mention shares acquired through an employee stock purchase plan?
Yes. The beneficial ownership figure includes 1,200 shares of common stock acquired under the ON24, Inc. 2021 Employee Stock Purchase Plan on November 14, 2025.
What is the price range for the ON24 (ONTF) shares sold in this Form 4?
The filing states that the weighted average price of $5.2978 reflects multiple transactions with prices ranging from $5.20 to $5.37 per share.