Sahasi Jayesh 4

What Happened

• Sahasi Jayesh, EVP Product and CTO of ON24 (ONTF), sold 3,662 shares on March 20, 2026. The shares were disposed for total proceeds of approximately $29,536, at a weighted average price of $8.07 per share. The sale was reported on a Form 4 filed March 24, 2026.

Key Details

• Transaction date: 2026-03-20
• Transaction type: Sale (open market/private sale) of 3,662 shares
• Price: weighted average $8.07; individual sales ranged from $8.06 to $8.075 per share (reporting person can provide a per-price breakdown on request)
• Total proceeds: ~$29,536
• Shares owned after the transaction: Not specified in the provided Form 4
• Notable footnotes:
  • The sale was effected pursuant to a Rule 10b5-1 trading plan adopted March 4, 2025 (pre-arranged trading plan).
  • The shares sold represent those disposed to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).

Context

• This transaction appears to be a routine "sell-to-cover" of tax withholding tied to RSU vesting and was executed under a pre-established 10b5-1 plan. Such sales are common administrative transactions and do not necessarily reflect the insider's view on the company's prospects.