Ooma (OOMA) CFO Shigeyuki Hamamatsu Sells Shares

What Happened

• Shigeyuki Hamamatsu, Chief Financial Officer of Ooma, reported dispositions on Sep 1, 2026: an open-market sale of 4,807 shares at $22.33 each for $107,340 and delivery of 3,081 shares at $21.88 each to cover tax withholding tied to restricted stock unit vesting worth $67,412. Total value of shares disposed was about $174,752.
• The open-market sale was effected under a pre-established 10b5-1 trading plan; the 3,081-share transfer was a share surrender to the issuer to satisfy withholding tax obligations.

Key Details

• Transaction dates and prices:
  • Sep 1, 2026 — Open-market sale: 4,807 shares @ $22.33 = $107,340
  • Sep 1, 2026 — Tax withholding (share delivery): 3,081 shares @ $21.88 = $67,412
• Shares owned after transaction: Not specified in the provided summary; see the Form 4 for exact post-transaction holdings.
• Notable footnotes: transaction effected pursuant to a 10b5-1 plan (preplanned sale); shares delivered to issuer to pay withholding tax on RSU vesting.
• Filing timeliness: No late filing was indicated in the provided details.

Context

• The open-market sale was part of a 10b5-1 plan — a prearranged trading program that allows insiders to sell on a set schedule and is generally considered routine.
• The 3,081-share transfer was not a market sale but a cashless tax-withholding event following RSU vesting and does not on its own indicate sentiment about the company.