Form 4: OneStream Director Robert Allan Powers Jr. Reports Sale of 1,700,000 Shares
SEC Form 4 Filing
Robert Allan Powers Jr., a director at OneStream, Inc., reported selling 1,700,000 shares of Class A Common Stock on July 25, 2024.
Summary
- On July 29, 2024, Robert Allan Powers Jr., a director of OneStream, Inc., filed a Form 4 with the SEC.
- The report details a transaction on July 25, 2024, where Powers sold 1,700,000 shares of Class A Common Stock.
- The sale price was $18.85 per share.
- Following the transaction, Powers directly owns 0 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares by a director could be interpreted neutrally to slightly negatively depending on the context.
Industry Context
This filing is a routine disclosure required by the SEC for insiders who trade in their company's stock. It provides transparency to the market regarding the transactions of company directors.
Stakeholder Impact
- Shareholders may react to the news of a director selling a significant number of shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction: Sale of 1,700,000 shares of Class A Common Stock. |
| 07/29/2024 | Date of Form 4 filing. |
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