Form 4: OneStream Director Sells Shares Following Public Offering

A OneStream director, Kara Wilson, converted and sold 38,397 shares of Class A Common Stock following the company's public offering.

Summary

• Kara Wilson, a director at OneStream, converted 38,397 shares of Class D Common Stock into Class A Common Stock on November 14, 2024.
• This conversion was done on a 1:1 basis.
• On November 18, 2024, Ms. Wilson sold these 38,397 shares of Class A Common Stock at a price of $31 per share as part of the company's public offering.
• The net price per share after deducting underwriting discounts and commissions was $29.9925.
• The director also redeemed 38,397 Common Units of OneStream Software LLC for 38,397 shares of Class D Common Stock on November 14, 2024.

Sentiment

Score: 5

Explanation: The document is a routine filing related to a director's share sale following a public offering. It doesn't indicate any positive or negative sentiment.

Industry Context

This filing is a standard SEC Form 4, which is required when company insiders, such as directors, trade company stock. The sale of shares by a director following a public offering is a common occurrence.

Comparison to Industry Standards

• The sale of shares by a director after a public offering is a typical event and is not unusual.
• The conversion of Class D shares to Class A shares is a common mechanism for companies with dual-class share structures.
• The pricing of the share sale at $31 is consistent with the public offering price.

Stakeholder Impact

• The share sale by a director may have a minor impact on the stock price, but it is a common occurrence after a public offering.

Key Dates

Keywords

Form 4, OneStream, Director, Share Sale, Class A Common Stock, Class D Common Stock, Public Offering, Conversion, Securities, Insider Trading