Form 4: OneStream President Colby Craig Reports Changes in Beneficial Ownership
SEC Form 4 Filing
President Colby Craig reports transactions involving OneStream's Class A and Class D Common Stock, including conversions and unit redemptions.
Summary
- On March 24, 2025, Colby Craig, President of OneStream, executed transactions involving the company's stock.
- These transactions included the conversion of Class D Common Stock into Class A Common Stock and the redemption of Common Units for Class D Common Stock.
- Craig acquired 7,304 shares of Class A Common Stock through the conversion of Class D Common Stock.
- He also redeemed 7,304 Common Units of OneStream Software LLC in exchange for 7,304 shares of Class D Common Stock, with a corresponding cancellation of Class C Common Stock shares.
- Following these transactions, Craig directly owns 219,164 shares of Class A Common Stock and indirectly owns 175,125 shares through CCICU Corp.
- He also indirectly controls 6,894,697 shares of Class D Common Stock directly and 1,675,503 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.
Future Outlook
The Class D Common Stock is convertible at any time into Class A Common Stock on a 1:1 basis, with automatic conversion upon transfer, death/incapacity, or the seventh anniversary of the IPO.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the ownership changes of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares of Class A and Class D Common Stock.
- The filing provides transparency to stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| December 28, 2019 | Date of the Trust for Jake A. Colby and Descendants |
| March 24, 2025 | Date of the transactions: conversion of Class D to Class A Common Stock and redemption of Common Units |
| March 26, 2025 | Date of signature for the Form 4 filing |
Keywords
OneStream, Colby Craig, beneficial ownership, Form 4, Class A Common Stock, Class D Common Stock, Common Units, CCICU Corp, redemption, conversion
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