Form 4: OneStream Director John Kinzer Sells 40,000 Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director John Kinzer sold 40,000 shares of OneStream, Inc. Class A Common Stock at an average price of $20.28, executed under a pre-arranged 10b5-1 trading plan.
Summary
- On April 9, 2025, John Kinzer, a director of OneStream, Inc., sold 40,000 shares of Class A Common Stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on November 22, 2024.
- The shares were sold at a weighted average price of $20.28, within a price range of $20.00 to $20.57.
- Following the transaction, Kinzer no longer directly owns any shares but has indirect ownership through the John E. Kinzer Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment. The transaction is part of a pre-planned trading plan, so it doesn't necessarily reflect a change in the director's outlook on the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate market conditions.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the pre-planned nature of the sale mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-11-22 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-04-09 | Date of transaction (share sale) |
| 2025-04-10 | Date of Form 4 filing |
Keywords
Form 4, OneStream, Director, Share Sale, John Kinzer, 10b5-1 Trading Plan, Insider Trading
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