Justin Rosenstein Increases Position in Asana, Inc. to 3.8% via Class B Conversions and Trusts

On May 15, 2026, Justin Rosenstein filed a Schedule 13G/A (Amendment No. 8) with the SEC, reporting a beneficial ownership of 6,322,002 shares of Class A Common Stock in Asana, Inc. (ASAN). This position represents approximately 3.8% of the company's Class A Common Stock based on shares outstanding as of March 31, 2026. The reported ownership includes 3,197,309 shares held directly, 575,984 shares issuable via stock options exercisable within 60 days, and a combined 2,548,709 shares held through various trusts where Mr. Rosenstein serves as trustee, including the Justin Rosenstein 2024 Grantor Retained Annuity Trust and the Justin Rosenstein Trust. The total share count assumes the conversion of all Class B Common Stock held by the filer into Class A Common Stock. Notably, Item 5 indicates that the reporting person now beneficially owns less than 5% of the class of securities. Mr. Rosenstein maintains sole voting and dispositive power over all 6,322,002 shares reported in this filing.