Vattuone Steven 4
4 · ON24 INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
ON24 (ONTF) CFO Steven Vattuone Sells 3,429 Shares
What Happened
Steven Vattuone, Chief Financial Officer of ON24, sold 3,429 shares on March 20, 2026, in an open-market/private sale for a weighted average price of $8.07 per share, totaling approximately $27,657. The filing reports the sale was effected under a Rule 10b5-1 trading plan and the shares were sold to cover tax-withholding obligations related to the vesting of restricted stock units.
Key Details
- Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-24 — timely per SEC two-business-day rule).
- Price: weighted avg $8.07; the shares were sold in multiple trades at prices ranging $8.06–$8.075 (report notes full breakdown available on request).
- Shares sold: 3,429; Proceeds: ~$27,657.
- Reason/footnotes: F1 — executed under a 10b5-1 plan adopted Aug 7, 2024; F2 — sale to cover tax withholding for RSU vesting; F3 — weighted-average price with multiple trade prices.
- Shares owned after transaction: not specified in this Form 4.
Context
This was a sale to satisfy tax withholding on vested RSUs rather than an open-ended disposition or new investment — such tax-withholding sales are routine and do not necessarily indicate a change in the insider’s view of the company. The 10b5-1 plan means the trades were pre-arranged and scheduled under that plan.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-20$8.07/sh−3,429$27,657→ 432,001 total
Footnotes (3)
- [F1]The transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on August 7, 2024.
- [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.