ON24 executive sells shares to cover taxes
ON24 executive Jayesh Sahasi, EVP of Product and CTO, sold 3,662 shares of common stock in an open-market transaction at a weighted average price of $8.0656 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
ON24 executive Jayesh Sahasi, EVP of Product and CTO, sold 3,662 shares of common stock in an open-market transaction at a weighted average price of $8.0656 per share. The sale was made to cover tax withholding from vesting restricted stock units under a Rule 10b5-1 trading plan adopted on March 4, 2025. After this transaction, he directly holds 677,132 shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,662 | $8.0656 | $30K |
Footnotes (3)
- F1. 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.
- F2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.06 to $8.075, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ON24 (ONTF) executive Jayesh Sahasi report in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.