Form 4: ON24 Chief Revenue Officer James Blackie Sells Shares in Multiple Transactions
SEC Form 4
James Blackie, Chief Revenue Officer of ON24, sold a total of 24,990 shares of common stock in multiple transactions between March 6, 2025, and March 10, 2025.
Summary
- James Blackie, the Chief Revenue Officer of ON24 INC. (ONTF), reported the sale of company stock.
- The transactions occurred between March 6, 2025, and March 10, 2025.
- A total of 24,990 shares of common stock were sold.
- The sales were executed in multiple transactions at weighted average prices ranging from $5.50 to $5.85 per share.
- Following these transactions, Blackie directly owns 369,764 shares of ON24 common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand management's perspective on the company's stock and future prospects. However, without additional context, it's difficult to determine the specific reasons behind these sales.
Stakeholder Impact
- Shareholders may react to the news of an executive selling shares, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Sale of 800 shares of common stock at a weighted average price of $5.8056. |
| 03/07/2025 | Sale of 7,433 shares of common stock at a weighted average price of $5.8198. |
| 03/10/2025 | Sale of 16,767 shares of common stock at a weighted average price of $5.5368; Form 4 filing date. |
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