STANG ERIC B 4
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Ooma CEO Eric Stang Surrenders 9,366 Shares for Tax Withholding
What Happened Eric B. Stang, CEO, President and a director of Ooma Inc. (OOMA), delivered 9,366 shares to the company on June 10, 2026 to satisfy withholding tax obligations tied to restricted stock unit (RSU) vesting. The shares were valued at $17.53 each, for a total of $164,186. This transaction is a tax-withholding share surrender (reported on Form 4 as disposition code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-06-10 — 9,366 shares at $17.53 each (total $164,186).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — Shares were delivered back to the issuer to pay the withholding tax liability upon RSU vesting.
- Filing timeliness: Report filed 2026-06-11 for the 2026-06-10 event (within the typical Form 4 reporting window); no late-filing flag noted.
Context This was a routine tax-withholding disposition related to vested RSUs rather than a market sale. Such share surrenders are common when companies allow net-share settlement to cover taxes and do not necessarily indicate the insider’s view of the stock. The F code simply records the shares used to satisfy tax obligations.