OOMA INC·4

Jun 2, 5:04 PM ET

STANG ERIC B 4

Research Summary

AI-generated summary

Updated

OOMA CEO Eric Stang Delivers 10,061 Shares for Tax Withholding

What Happened

  • Eric B. Stang, CEO, President and Director of OOMA Inc. (OOMA), delivered 10,061 shares back to the company on June 1, 2026, at $18.14 per share (total value ≈ $182,507). The shares were surrendered to satisfy the withholding tax liability when restricted stock units (RSUs) vested — a disposition for tax purposes, not an open-market sale.

Key Details

  • Transaction date and price: 2026-06-01, 10,061 shares at $18.14 each (total ≈ $182,507).
  • Transaction type/code: F (shares delivered to issuer for tax withholding).
  • Footnote: F1 — shares were delivered to the issuer to pay the withholding tax upon RSU vesting.
  • Filing: Reported on Form 4 filed 2026-06-02 covering the 2026-06-01 event (appears timely).
  • Shares owned after transaction: Not specified in the details provided in this summary.

Context

  • This was a routine tax-withholding transaction tied to RSU vesting (often called a "share surrender" or "net settlement") rather than a market sale; it generally reflects tax mechanics and not a direct vote of confidence or bearish action by the insider.
  • For retail investors, such withholding-related dispositions are common and typically less informative about an insider’s view of the company than open-market purchases or outright sales.