Core Insights - A top executive at OneStream exercised stock options and sold over 100,000 shares, valued at approximately $2.8 million, during a period of strong stock performance [1] Transaction Summary - Shares sold directly: 120,000 [2] - Transaction value: ~$2.8 million [2] - Post-transaction shares held directly: 990,961 [2] - Post-transaction value of direct ownership: ~$23.4 million [2] - Weighted average purchase price: $23.63, equal to the closing price on Jan. 16, 2026 [2] Company Overview - Current stock price (as of Jan. 31, 2026): $23.61 [4] - Market capitalization: $5.79 billion [4] - Revenue (TTM): $570.68 million [4] - Net income (TTM): -$82.75 million [4] - OneStream specializes in cloud solutions for the financial sector, automating and managing financial processes for various clients [5] Implications for Investors - The stock sale was part of a Rule 10b5-1 plan, indicating it was pre-scheduled and not a discretionary sale [6] - Hohenstein's indirect holdings remain unchanged at 790,279 shares, valued at approximately $18.66 million as of Jan. 31 [6] - The recent sale of 120,000 shares is significantly larger than Hohenstein's median sale size of 40,000 shares [7] - The transaction represented 6.31% of Hohenstein's direct shares outstanding post-sale [7] Acquisition Context - OneStream is set to go private in the first half of 2026 following an acquisition by Hg Capital [8] - The acquisition was announced shortly before the stock sale, occurring 17 months after OneStream's IPO [8] - Ongoing investigations regarding the acquisition raise concerns about fairness and fiduciary duties [8]
OneStream's Chief Revenue Officer Exercises Over 100k Shares as Share Prices Soar In January