Form 4: OneStream CFO William Koefoed Executes Stock Option and Sells Shares
SEC Form 4 Filing
Chief Financial Officer of OneStream, William Koefoed, exercised stock options and sold 10,000 shares of Class A Common Stock on February 18, 2025.
Summary
- William Koefoed, the Chief Financial Officer of OneStream, executed a transaction involving the company's stock on February 18, 2025.
- He exercised a stock option to acquire 10,000 shares of Class A Common Stock at a price of $10.65 per share.
- Simultaneously, he sold 10,000 shares of Class A Common Stock at a price of $25.04 per share.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan.
- Following these transactions, Koefoed directly owns 0 shares of Class A Common Stock and 245,481 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan suggests that these transactions were pre-planned and not based on any inside information at the time of the trade.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| February 15, 2023 | One-fourth of the shares subject to the option vested. |
| July 23, 2024 | Reporting Person adopted a Rule 10b5-1 trading plan. |
| September 9, 2024 | Reporting Person amended a Rule 10b5-1 trading plan. |
| February 18, 2025 | Date of stock option exercise and sale of shares. |
| February 20, 2025 | Date of Form 4 filing. |
| December 04, 2031 | Expiration date of the stock option. |
Keywords
Form 4, OneStream, William Koefoed, Stock Option, Class A Common Stock, Rule 10b5-1, Insider Trading, CFO
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