Sabharwal Namrata 4
Research Summary
AI-generated summary
OOMA (OOMA) Chief Accounting Officer Namrata Sabharwal Delivers 415 Shares for Tax Withholding
What Happened
Namrata Sabharwal, Chief Accounting Officer of OOMA Inc. (OOMA), delivered 415 shares back to the company on June 15, 2026, to satisfy the withholding tax liability arising from the vesting of restricted stock units (RSUs). The shares were valued at $17.15 each, for a total of approximately $7,117. This was not an open‑market sale but a routine withholding transaction to cover taxes.
Key Details
- Transaction date: 2026-06-15; Filing (Form 4) dated 2026-06-16 (timely file).
- Disposal: 415 shares delivered at $17.15 per share; total value ≈ $7,117.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: F1 — shares were delivered to the issuer to pay withholding tax upon RSU vesting.
- Transaction code: F (payment of exercise price or tax liability), indicating tax withholding rather than a market sale.
Context
Delivering shares to the company to cover withholding taxes is a common, routine outcome of RSU vesting (a form of "cashless" tax payment). Such transactions generally reflect tax mechanics rather than an insider expressing a view on the company's stock price.