Sonalee Elizabeth Parekh - Sep 22, 2025 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Chief Financial Officer
Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Sep 22, 2025
Transactions value $
-$3,674,627
Form type
4
Date filed
9/24/2025, 05:34 PM
Previous filing
Jul 3, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Parekh Sonalee Elizabeth Chief Financial Officer C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO /s/ Katie Colendich, Attorney-in-Fact 2025-09-24 0001849122

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Sale -$2.76M -195K -14.6% $14.17 1.14M Sep 22, 2025 Direct F1
transaction ASAN Class A Common Stock Sale -$912K -63.4K -5.56% $14.38 1.08M Sep 23, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted March 12, 2025.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.37 to $14.50 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.