Form 4: OneStream Director Kara Wilson Executes Stock Transactions Following Public Offering

Director Kara Wilson converted Class D shares to Class A shares and sold 5,760 Class A shares at $31 each following OneStream's public offering.

Summary

• Kara Wilson, a director at OneStream, converted 5,760 Class D common stock shares into Class A common stock on November 25, 2024.
• The conversion was done on a 1:1 basis.
• On November 27, 2024, Kara Wilson sold 5,760 shares of Class A common stock at $31 per share.
• This sale was part of the underwriters' option to purchase additional shares in the November 2024 follow-on offering.
• The net price per share after deducting underwriting discounts and commissions was $29.9925.
• The director also redeemed 5,760 Common Units of OneStream Software LLC, which resulted in the cancellation of 5,760 shares of Class C Common Stock and the acquisition of 5,760 shares of Class D Common Stock.

Sentiment

Score: 7

Explanation: The document reflects standard insider trading activity following a public offering, which is neither particularly positive nor negative. The transactions are expected and do not indicate any significant issues.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company director following a public offering, which is a common occurrence in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for company insiders, such as directors, who trade company stock.
• The transactions are typical for directors following a public offering, where they may convert and sell shares.
• The sale of shares at a set price is consistent with the underwriter's option in a follow-on offering.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the sale of shares by a director.
• The conversion of shares and sale are part of the normal process following a public offering and are not expected to have a significant impact on other stakeholders.

Key Dates

Keywords

OneStream, Class A Common Stock, Class D Common Stock, Director, Stock Sale, Stock Conversion, Form 4, Public Offering, Common Units