On February 10, 2026, Sharat Sharan, President and Chief Executive Officer of ON24 Inc. (NYSE: ONTF), sold 2,310 shares of the company's common stock. The shares were disposed of at a weighted average price of $7.9314, producing a total transaction value of $18,321. The individual sale prices ranged from $7.92 to $7.96.
Earlier in the month, on February 6, 2026, Sharan recorded an acquisition of 5,326 shares of common stock with a reported transaction value of $0. After accounting for these moves, Sharan's direct holdings in ON24 total 3,625,575 shares.
The February 10 sale was carried out pursuant to a Rule 10b5-1 trading plan that Sharan adopted on May 14, 2025. Company filings indicate the transaction was intended to satisfy tax withholding obligations tied to the vesting of restricted stock units.
Market pricing around the time of the sale placed ON24's share price at $7.93, roughly 2% below a 52-week high of $8.10. The stock has experienced a notable run over recent months, rising 64% over the prior six-month period, according to available market data.
Separate analysis of ON24's balance sheet shows the company holds more cash than debt and is trading modestly below an assessed Fair Value. Investors should be aware that ON24 is scheduled to announce earnings on March 3, 2026, a near-term event that could influence market sentiment.
Beyond the insider transaction, ON24 has entered into a definitive agreement under which Cvent will acquire the company in an all-cash transaction valued at approximately $400 million. Under the terms of the deal, ON24 shareholders will receive $8.10 per share in cash. That consideration represents a 62% premium to ON24's closing share price on November 10, 2025, and a 51% premium relative to the company's 90-day volume-weighted average price.
In parallel with the acquisition announcement, ON24 received a U.S. patent for an artificial intelligence technology designed to identify and extract "Key Moments" from long-form video content. The patented approach uses machine learning to analyze user engagement and data patterns, with the stated aim of enabling new workflows for generating and distributing short-form video segments.
Taken together, the share sale by the company's chief executive, the pending acquisition by Cvent, and the newly awarded patent mark a period of significant corporate activity for ON24. The acquisition price and patent recognition may affect the company's future operations and competitive positioning, while the scheduled earnings release offers an immediate data point for investors monitoring performance and valuation.