Form 4: ON24 CFO Steven Vattuone Sells Shares Under 10b5-1 Trading Plan

ON24's Chief Financial Officer, Steven Vattuone, executed sales of common stock on January 21 and 22, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Steven Vattuone, the CFO of ON24 Inc., sold shares of common stock on January 21 and January 22, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 12, 2024.
• On January 21, 2025, 4,997 shares were sold at a weighted average price of $6.5168, with prices ranging from $6.50 to $6.54.
• On January 22, 2025, 3,481 shares were sold at a weighted average price of $6.5086, with prices ranging from $6.50 to $6.53.
• Following these transactions, Vattuone directly owns 534,386 shares of ON24 Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive, executed under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that these sales were executed under a 10b5-1 plan suggests they were pre-planned and not based on any inside information at the time of the sales.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates