Form 4: OneStream Director Eric Davidson Sells Shares in Multiple Trusts

Director Eric Davidson reports the sale of Class A Common Stock held indirectly through several trusts.

Summary

• Eric Davidson, a director at OneStream, Inc., reported the sale of Class A Common Stock on July 25, 2024.
• The sales were executed at a price of $18.85 per share.
• A total of 236,246 shares were sold from the Eric M. Davidson Trust dated March 9, 2007.
• Additionally, 127,618 shares each were sold from the John P. Davidson Irrevocable Trust, the Molly K. Davidson Irrevocable Trust, and the Owen R. Davidson Irrevocable Trust, all dated December 31, 2019.
• Paul J. Brent serves as the trustee for the John P. Davidson, Molly K. Davidson, and Owen R. Davidson Irrevocable Trusts.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of stock sales by a company insider, which is a common occurrence in publicly traded companies. The market will likely interpret this based on the size of the sale and the context of the company's performance.

Stakeholder Impact

• The sale of shares by a director could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates