Form 4: OneStream Director Michael Burkland Reports Acquisition of 7,130 Class A Common Stock Units
SEC Form 4 Filing
Director Michael Burkland reports acquisition of 7,130 Class A Common Stock units in OneStream, Inc.
Summary
- On May 21, 2025, Michael Burkland, a director of OneStream, Inc., acquired 7,130 shares of Class A Common Stock.
- These shares were acquired through restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock upon vesting.
- The RSUs will vest in full on the earlier of the one-year anniversary of the grant date or the day immediately prior to the next annual meeting of the Issuer's stockholders, contingent upon Burkland remaining an Outside Director.
- Following the transaction, Burkland directly owns 7,130 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. Insider ownership is generally viewed favorably, but the transaction itself is routine.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Future Outlook
The vesting of the RSUs is contingent upon Burkland remaining an Outside Director, aligning his interests with the company's long-term performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The increased ownership stake of a director can positively influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Michael Burkland acquired 7,130 shares of Class A Common Stock. |
| 05/22/2025 | Date of signature by attorney-in-fact. |
Keywords
OneStream, Director, Michael Burkland, Class A Common Stock, RSUs, Restricted Stock Units, Beneficial Ownership, Form 4, SEC
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