ON24 Director Mitchell Acquires 31,855 Shares in RSU Grant
ON24 Director Ronald Paul Mitchell reported the acquisition of 31,855 restricted stock units (RSUs) on June 20, 2025.
Rhea-AI Filing Summary
ON24 Director Ronald Paul Mitchell reported the acquisition of 31,855 restricted stock units (RSUs) on June 20, 2025. The RSUs were granted at $0.00 and will vest on either (i) the date of the following year's Annual Meeting, or (ii) the first anniversary of the grant date, whichever comes first.
Following this transaction, Mitchell now beneficially owns 141,095 shares directly. The vesting conditions include provisions for early vesting if the director's service ends due to failure to be re-elected or not standing for re-election at the next Annual Meeting.
This Form 4 filing was submitted on June 28, 2025, with the transaction executed through Mitchell's attorney-in-fact, Charles Rogerson. The securities were acquired under a standard director compensation arrangement, reflecting typical equity-based compensation for board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,855 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares underlying restricted stock units ("RSUs"). The RSUs will vest on the earlier of (i) the date of the following year's Annual Meeting (or the date immediately prior to the next Annual Meeting if the Non-Employee Director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election); or (ii) the first anniversary of the date of the grant.
FAQ
What is the vesting schedule for ONTF director Ronald Mitchell's RSUs granted in June 2025?
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