secwatch.observer — SEC 8-K summary
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Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001477720-26-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana adopts incentive bonus plan, amends severance, appoints CAO
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- Compensation Committee adopted Incentive Bonus Plan allowing cash awards based on performance goals; available to all employees including CEO and CFO.
- Executive severance increased: non-CIC termination now provides 6 months base salary and target incentive (up from 4), plus 6 months COBRA premiums.
- Veronica Sosa appointed Chief Accounting Officer effective March 11, 2026; previously VP Global Corporate Controller since Feb 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772026000019/0001477720-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772026000019/asan-20260310.htm
  HTML page:      https://secwatch.observer/filing/0001477720-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer