Ooma (OOMA) CEO Eric Stang Sells Shares

What Happened
Eric B. Stang, President & CEO and a director of Ooma, disposed of a total of 49,431 OOMA shares on September 10–11, 2026. Transactions reported:

• 9,431 shares delivered to the issuer to satisfy tax withholding on vested restricted stock units at $22.67 each (≈ $213,801).
• 29,639 shares sold in the open market on 2026-09-10 at $23.08 each (≈ $683,997).
• 10,361 shares sold in the open market on 2026-09-11 at $22.75 each (≈ $235,713).
  Total gross proceeds/consideration across these dispositions are about $1,133,511. These were sales/dispositions (not purchases).

Key Details

• Transaction dates: Sep 10, 2026 (tax withholding and open-market sale) and Sep 11, 2026 (open-market sale).
• Prices reported: $22.67 (withholding), $23.08, and $22.75. Filing footnote indicates a sale price range of $23.00–$23.35 for some shares; the reporting person will provide per-price details to the SEC on request.
• Shares owned after the transactions: not specified in the provided summary.
• Footnotes of note:
  • F1: 9,431 shares were delivered to Ooma to cover withholding tax on vested restricted stock units.
  • F2: Reporting person provided a price range ($23.00–$23.35) for shares sold and can supply per-price details to the SEC staff.
  • F3: Some shares are held by the Eric Stang & Pamela Stang Trust (09/02/2004); Stang, as a trustee, exercises voting/investment power over trust shares.
• Filing: Form 4 filed 2026-09-14 for transactions on 2026-09-10–11. This filing date is within the standard Form 4 reporting window and appears timely.

Context

• The 9,431-share disposition labeled as tax withholding indicates RSUs vested and shares surrendered to pay withholding—common in equity compensation and not a market sale for cash.
• The other dispositions were open-market sales (code S), representing partial liquidation of holdings. Sales are routine insider activity and do not, by themselves, prove management sentiment about the company.
• No options were exercised for the purpose of immediate sale in this report (the F-code transaction relates to tax withholding on RSUs).