Form 4: OneStream Director Jonathan Mariner Reports Conversion and Redemption of Common Stock and Units

Director Jonathan Mariner reports the conversion of Class D Common Stock into Class A Common Stock and the redemption of Common Units for Class D Common Stock.

Summary

• On March 24, 2025, Jonathan Mariner, a director of OneStream, Inc., converted 46,411 shares of Class D Common Stock into Class A Common Stock on a 1:1 basis.
• Mariner also redeemed 46,411 Common Units of OneStream Software LLC in exchange for 46,411 shares of Class D Common Stock; simultaneously, 46,411 shares of Class C Common Stock were cancelled.
• Following these transactions, Mariner directly owns 46,411 shares of Class A Common Stock and 46,411 shares of Class D Common Stock.
• Mariner also indirectly owns 40,051 Common Units through the Jonathan D. Mariner Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing transactions by a company insider; it doesn't inherently convey 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, with automatic conversion upon transfer, death/incapacity, or the seventh anniversary of the IPO.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions involving the company's securities.

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

Keywords

Form 4, OneStream, Jonathan Mariner, Class A Common Stock, Class D Common Stock, Common Units, Conversion, Redemption, Director, Beneficial Ownership