Chandrasekhar Rao Jadcherla, SVP of Products and Services at eGain Corp, filed a Form 4 on November 3, 2026, disclosing the exercise of stock options and sale of 6,000 shares of common stock on November 2, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Jadcherla exercised an employee stock option (transaction code M) for 6,000 shares at an exercise price of $2.50 per share on November 2, 2026.
  • Shares sold: 6,000 shares of common stock were disposed of (transaction code S) at a weighted average price of $5.9035, with individual sale prices ranging from $5.825 to $5.945.
  • Remaining holdings: Following the transactions, Jadcherla directly held 1,358 shares of common stock and 43,003 options (employee stock options, right to buy).
  • 10b5-1 plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2026.
  • Option details: The exercised option represented part of a right to purchase a total of 61,003 shares, which became exercisable beginning September 19, 2017, and is described as fully vested.
  • Issuer: eGain Corp, listed on NASDAQ:EGAN.

Jadcherla's November 2026 Option Exercise and Share Sale at eGain Corp

According to the filing, Chandrasekhar Rao Jadcherla, identified as SVP, Products and Services at eGain Corp (NASDAQ:EGAN), reported two transactions in Table I on November 2, 2026. First, he acquired 6,000 shares of common stock via the exercise of an employee stock option (transaction code M) at a price of $2.50 per share, bringing his total direct holdings momentarily to 7,358 shares. Second, he disposed of those same 6,000 shares (transaction code S) at a weighted average price of $5.9035, reducing his direct beneficial ownership to 1,358 shares of common stock.

The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan that Jadcherla adopted on June 9, 2026. The filing further notes that the shares were sold in multiple transactions at prices ranging from $5.825 to $5.945, and that the reporting person will provide full transaction-level detail to the SEC staff, the issuer, or a security holder upon request. The Form 4 checkbox indicates the transaction was made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c).

In Table II, the filing reports the disposition of 6,000 derivative securities (employee stock options with an exercise price of $2.50, expiring September 19, 2027) via transaction code M. Following that exercise, Jadcherla's remaining direct beneficial ownership of such options stood at 43,003. The filing notes that the option originally represented a right to purchase a total of 61,003 shares, which "became exercisable beginning on September 19, 2017, and is now fully vested."

What Was Disclosed

Jadcherla filed a Form 4 reporting the November 2, 2026 exercise of 6,000 stock options at $2.50 and the same-day sale of 6,000 shares at a weighted average of $5.9035, executed under a 10b5-1 plan adopted June 9, 2026, leaving him with 1,358 shares and 43,003 remaining options.