4Filed Sep 9, 8:00 PM ET
OOMA CEO Eric Stang Delivers 8,397 Shares for Tax Withholding
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OOMA CEO Eric Stang Delivers 8,397 Shares for Tax Withholding
What Happened
Eric B. Stang, President & CEO and a director of OOMA Inc. (OOMA), delivered 8,397 shares back to the company on 2026-09-08 to satisfy the withholding tax liability related to vested restricted stock units. The shares were valued at $22.86 each, totaling $191,955. This was a tax-withholding share surrender (Form 4 transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-09-08; filing date: 2026-09-10 (timely filed).
- Shares involved: 8,397 shares surrendered at $22.86 per share; total value $191,955.
- Transaction code: F — shares delivered to issuer to pay withholding tax upon RSU vesting.
- Footnote: “Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units.”
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a cashless share surrender to cover tax withholding for vested RSUs, a common administrative transaction and not a market sale that signals a change in investment view.
- Such tax-withholding disposals reduce the insider’s share count but do not represent a directional buy/sell decision in the market.