Form 4: OneStream Director John Kinzer Converts and Redeems Shares

Sentiment:

SEC Form 4


Director John Kinzer converted Class D Common Stock to Class A Common Stock and redeemed Common Units for Class D Common Stock in OneStream, Inc.

Summary

  • On March 24, 2025, John Kinzer, a director of OneStream, Inc., engaged in transactions involving the company's stock.
  • Kinzer converted 40,000 shares of Class D Common Stock into 40,000 shares of Class A Common Stock.
  • Additionally, Kinzer redeemed 40,000 Common Units of OneStream Software LLC in exchange for 40,000 shares of Class D Common Stock, which resulted in the cancellation of 40,000 shares of Class C Common Stock.
  • Following these transactions, Kinzer indirectly holds 40,000 shares of Class A Common Stock, 360,997 shares of Class D Common Stock, and 40,000 Common Units through the John E. Kinzer Trust, where he serves as a trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The Class D Common Stock is convertible at any time into Class A Common Stock on a 1:1 basis, and will automatically convert upon transfer, death/incapacity, or the seventh anniversary of the IPO.

Industry Context

This Form 4 filing is a routine disclosure of a company insider's transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the number of Class A and Class D shares outstanding, but the overall economic impact is likely minimal.

Key Dates

DateDescription
03/24/2025Date of Class D to Class A Common Stock conversion and Common Units redemption.
03/26/2025Date of signature by attorney-in-fact.

Keywords

OneStream, John Kinzer, Class A Common Stock, Class D Common Stock, Common Units, Director, Conversion, Redemption, Beneficial Ownership

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