ON24 (ONTF) EVP Jayesh Sahasi gets 29,560‑share award, sells 21,617
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON24 Inc. executive Jayesh Sahasi, Executive Vice President, Product and CTO, reported both a stock sale and an equity award. On March 2, 2026, he executed an open‑market sale of 21,617 shares of common stock at a weighted average price of $8.0114 per share under a pre‑arranged Rule 10b5‑1 trading plan, leaving him with 680,794 shares held directly. A related footnote explains that the shares were sold to cover tax withholding obligations from vesting restricted stock units. Earlier, on February 26, 2026, he acquired 29,560 shares of common stock at $0.00 per share through a stock grant or award, increasing his direct holdings at that time to 702,411 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,617 shares ($173,182)
Net Sell
2 txns
Insider
Sahasi Jayesh
Role
EV President, Product and CTO
Sold
21,617 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,617 | $8.0114 | $173K |
| Grant/Award | Common Stock | 29,560 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 680,794 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 $8.00 to $8.02, 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
What insider transactions did ON24 (ONTF) executive Jayesh Sahasi report?
Jayesh Sahasi reported one stock award and one stock sale. He received 29,560 ON24 common shares as a grant, then sold 21,617 shares in an open‑market transaction executed under a Rule 10b5‑1 trading plan.
Was the ON24 (ONTF) insider sale by Jayesh Sahasi under a 10b5-1 plan?
Yes. The filing states that the reported transactions were effected under a Rule 10b5‑1 trading plan adopted by Jayesh Sahasi on March 4, 2025, indicating the sale followed a pre‑arranged trading schedule.
What stock award did ON24 (ONTF) grant to Jayesh Sahasi?
On February 26, 2026, he acquired 29,560 ON24 common shares at $0.00 per share. The transaction is described as a grant, award, or other acquisition, raising his direct holdings then to 702,411 shares.