ON24 CTO/EV President Sahasi Jayesh sold 110,577 shares (16.2% of holdings) across 3 trades for $606,522.84 as stock trades near 52-week low.
Sahasi Jayesh conducted 3 separate sales totaling 110,577 shares for $606,522.84 at blended average price $5.49, reducing his position from 680,553 shares to 569,976 shares. The timing is notable: the sales occurred on March 18–20, 2025, when the stock was already trading at $5.38–$5.49 per share, near its 52-week low of $5.38 and down 26.1% from the 52-week high of $7.28. The company is unprofitable (full-year net income was negative), revenue contracted 9.6% year-over-year, and the stock has fallen 22.6% in the last 30 days. A material reduction in holdings by the EV President and CTO during a sustained downtrend and period of negative earnings warrants investor attention.