OOMA CEO Eric Stang Delivers 10,113 Shares for Tax Withholding
$OOMA · OOMA INCResearch Summary
AI-generated summary of this SEC filing
OOMA CEO Eric Stang Delivers 10,113 Shares for Tax Withholding
What Happened
Eric B. Stang, President, CEO and Director of OOMA, delivered 10,113 shares to OOMA on September 1, 2026 to satisfy the withholding tax liability triggered when restricted stock units vested. The disposition was recorded at $21.88 per share, for a total value of $221,272. This was a tax-withholding share delivery (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-09-01; price: $21.88 per share; total value: $221,272.
- Transaction type/code: F — shares delivered to issuer for tax withholding upon RSU vesting.
- Shares owned after transaction: not reported in the filing.
- Footnote: "Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units." (F1)
- Filing date: 2026-09-03 — filed promptly (within typical Form 4 reporting window).
Context
Delivering shares to cover taxes on RSU vesting is a common, administrative transaction and does not necessarily indicate a change in the insider's view of the company. This was not a market sale (no shares sold into the open market) and therefore is generally viewed as routine tax withholding rather than a signal about future company prospects.