Asana Adds an Enterprise Software CFO Veteran to Its Board

As seen on the 24/7 Wall St. homepage on September 28, 2026.

New insider tie · Form 3 Thomas Berquist

Sep 27, 8:00pm ET

Now director at Asana, Inc.

A veteran enterprise software CFO joining the board of a $1.3 billion work management player is the kind of addition that usually precedes a sharper focus on margins and capital discipline. Berquist's first Form 3 puts his future buys and sells on the public record, so his trades now become a live signal on Asana.

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A CFO-caliber director just took a board seat at a company valued at roughly 1.3 billion dollars, a signal that tighter margin management and a faster path to profitability are moving up the agenda. Thomas Berquist joined Asana's board on September 28, 2026.

His Form 3 filing with the SEC puts every share he buys or sells into the public record from here on.

For a growth-stage software company, that hire points to more rigor around durable unit economics.

Berquist's first open-market trade after this filing is the tell, so keep an eye on his subsequent Form 4 filings.

Sources

ASAN company overview

Mentioned: ASAN

Related Market Updates

New insider tie · Form 3 Heather Tram Le

Sep 27, 8:00pm ET

Now Chief Accounting Officer at Asana, Inc.

A new chief accounting officer at a $1.3 billion company usually arrives with a mandate, and Asana's books have been under scrutiny from bears citing weak product and persistent churn. Her Form 3 starts the clock on insider filings worth tracking through the next earnings cycle.

New insider tie · Form 3 Jerry Hao Ting

Sep 27, 8:00pm ET

Now director at Asana, Inc.

A new voice in the boardroom at a $1.3 billion work-management company that has been hunting for a growth story. Board additions at this size often precede strategy shifts, so his future Form 4 activity is worth tracking.

Biggest movers · At the close Sep 4, 4:10pm ET

Gainers

GPROGoPro$1.73+24.1%
SNDKSanDisk$1,735.55+11.6%
ALABAstera Labs$311.74+10.2%
SKHYSK hynix Inc.$177.22+8.3%
IRENIren$44.65+7.2%

Losers

ASANAsana$8.9-11.8%
TSLATesla$354.48-5.8%
WDAYWorkday$195.78-5.4%
NFLXNetflix$78.31-5.3%
SNOWSnowflake$337.85-5.2%

Thursday's close split hard along hardware versus software: GoPro added 24.1% and SanDisk, Astera Labs and SK hynix all posted double-digit or near double-digit gains, while Asana, Workday and Snowflake each shed more than 5%. Tesla and Netflix fell with them.

ASAN Asana

Q2 2027

Sep 3, 4:08pm ET

EPS

$0.10

est $0.09 +14.3%

Revenue

$216M

est $214M +1.1%

Asana raised full-year revenue guidance to as much as $863.5 million after topping both lines. Non-GAAP operating margin expanded to 10.1%, $100K-plus customers rose 16% to 890 accounts, and management is pushing toward consumption and outcome-based pricing on top of seats.

Biggest movers · At the close Aug 14, 4:10pm ET

Gainers

AAOIApplied Optoelectronics$150.13+15.4%
FUBOfuboTV$10.46+6.7%
SNDKSanDisk$1,627.62+6.5%
CIFRCipher Mining$17.69+6.4%
AMDAMD$508.57+5.3%

Losers

DUOLDuolingo$134.39-6.7%
ASANAsana$9.21-6.7%
SMRNuScale Power$9.27-5.9%
ACHRArcher Aviation$6.56-5.9%
AMCAMC Entertainment$2.51-4.8%

Applied Optoelectronics closed out the week up 15.4% at $150.13, nearly triple the next best move on the board. Chip and storage names filled in behind it, while Duolingo and Asana ended the week lower.