Form 4: OneStream Director Jonathan Mariner Sells Shares Following Public Offering

Director Jonathan Mariner sold shares of OneStream Class A Common Stock following the exercise of an underwriter's option in a recent public offering.

Summary

• Jonathan Mariner, a director at OneStream, engaged in several transactions involving the company's stock.
• On November 25, 2024, Mariner converted 4,973 shares of Class D Common Stock into Class A Common Stock and also redeemed 4,973 Common Units for Class D Common Stock.
• Additionally, Mariner converted 787 shares of Class D Common Stock into Class A Common Stock and redeemed 787 Common Units for Class D Common Stock.
• On November 27, 2024, Mariner sold 4,973 shares of Class A Common Stock at $31 per share and 787 shares of Class A Common Stock at $31 per share.
• These sales were related to the underwriter's option exercise in the November 2024 Follow-On Offering.
• The net price per share after underwriting discounts and commissions was $29.9925.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company director. It doesn't indicate any positive or negative sentiment, but rather reports factual transactions.

Industry Context

This filing is a standard SEC Form 4, which is required when company insiders, such as directors, trade company stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

• Form 4 filings are a common occurrence for publicly traded companies, and the transactions reported here are typical for directors following a public offering.
• The sale of shares by a director after a follow-on offering is not unusual and is often part of personal financial planning.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as they reflect insider trading activity.
• The sales are part of a previously disclosed offering and are not unexpected.

Key Dates

Keywords

OneStream, Jonathan Mariner, Class A Common Stock, Class D Common Stock, Share Sale, Director, Public Offering, Underwriter Option, SEC Form 4