4Filed Sep 2, 8:00 PM ET

OOMA SVP & CLO Jenny C. Yeh Sells Shares

$OOMA · OOMA INC

Research Summary

AI-generated summary of this SEC filing

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OOMA SVP & CLO Jenny C. Yeh Sells Shares

What Happened

  • Jenny C. Yeh, OOMA SVP & Chief Legal Officer and a company director, disposed of a total of 5,048 OOMA shares across transactions on Sept 1 and Sept 3, 2026. Two disposals on Sept 1 were share deliveries to the issuer to cover withholding taxes from RSU vesting (1,583 and 2,239 shares at $21.88 each, totaling $34,636 and $48,989). On Sept 3 she sold 1,226 shares in the open market at $23.00 each for $28,198. Combined proceeds/values across these actions are approximately $111,823. These were disposals (sales/withholding), not purchases.

Key Details

  • Transaction dates and prices:
    • 2026-09-01: 1,583 shares @ $21.88 = $34,636 (shares delivered to issuer for tax withholding)
    • 2026-09-01: 2,239 shares @ $21.88 = $48,989 (shares delivered to issuer for tax withholding)
    • 2026-09-03: 1,226 shares @ $23.00 = $28,198 (open-market sale)
  • Total shares disposed: 5,048; total value ≈ $111,823.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes:
    • F1: Shares were delivered to the issuer to pay withholding tax on RSU vesting (routine tax withholding).
    • F2: The Sept 3 open-market sale was effected under a 10b5-1 trading plan adopted April 1, 2026.
  • Filing timeliness: Form filed Sept 3, 2026 for transactions on Sept 1 and Sept 3; filing appears timely (no late filing indicated in the provided data).

Context

  • The Sept 1 transactions were tax-withholding dispositions tied to RSU vesting (commonly a routine, non-discretionary action). The Sept 3 sale was executed under a pre-established 10b5-1 plan, which often automates sales regardless of short-term views on the stock. These disposals do not by themselves indicate insider sentiment about the company’s prospects.