Form 4: ON24 Director Dominique Trempont Sells Shares Under 10b5-1 Trading Plan

Dominique Trempont, a director at ON24 Inc., sold 4,250 shares of common stock on February 18, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Dominique Trempont, a director of ON24 Inc. (ONTF), reported the sale of 4,250 shares of common stock on February 18, 2025.
• The sale was executed at a weighted average price of $6.9375 per share, with individual transactions ranging from $6.76 to $7.00.
• The transactions were conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
• Following the reported transaction, Trempont directly owns 254,600 shares of ON24 Inc.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on material non-public information. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

ON24, Dominique Trempont, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Director, ONTF