Asana Insider Colendich Files Form 144 for Proposed Share Sale

TL;DR

**Asana insider Colendich is selling shares, watch for potential stock price impact.**

AI Summary

Katie Marie Colendich, an insider at Asana, Inc., has filed a Form 144 indicating a proposed sale of securities. This filing, dated March 24, 2026, signals that an insider intends to sell shares, which could be interpreted by investors as a lack of confidence in the company's future stock price or simply a personal financial decision. For current or prospective Asana shareholders, this matters because significant insider selling can sometimes precede a decline in stock value, although the specific number of shares and their value are not detailed in this summary filing.

Why It Matters

Insider selling can signal to the market that those closest to the company believe the stock may be overvalued or that they are taking profits, potentially influencing investor sentiment and stock price.

Risk Assessment

Risk Level: medium — Insider selling, while not always negative, introduces uncertainty and can be perceived as a bearish signal, warranting investor attention.

Analyst Insight

An investor should monitor Asana's stock performance and look for subsequent filings (like Form 4) to confirm the actual sale of shares by Katie Marie Colendich and the volume of shares sold, as this could provide further insight into insider sentiment.

Key Players & Entities

• Colendich Katie Marie (person) — Reporting person proposing to sell securities
• Asana, Inc. (company) — Subject company whose securities are being proposed for sale
• 0002099916 (person) — CIK for Colendich Katie Marie
• 0001477720 (company) — CIK for Asana, Inc.
• March 24, 2026 (date) — Filing Date

Forward-Looking Statements

• Asana's stock price may experience downward pressure due to potential insider selling. (Asana, Inc.) — medium confidence, target: Q2 2026

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 5KB
• 0001950047-26-002939.txt ( ) — 6KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer ASANA, INC. Address of Issuer 633 Folsom Street, Suite 100 San Francisco CALIFORNIA 94107 Phone (415) 525-3888 Name of Person for Whose Account the Securities are To Be Sold KATIE COLENDICH See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York � NY � 10004 1500 9585.15 162197788 03/24/2026 NYSE Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 03/13/2026 Employee Stock Purchase Plan Issuer 1500 03/13/2026 Cash * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds KATIE COLENDICH 633 Folsom Street, Suite 100 San Francisco � CA � 94107 Common 03/20/2026 3575 23764.46 KATIE COLENDICH 633 Folsom Street, Suite 100 San Francisco � CA � 94107 Common 03/10/2026 7304 54217.31 144: Remarks and Signature Remarks Date of Notice 03/24/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ Katie Marie Colendich ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR