OOMA SVP Jenny Yeh Sells Shares; RSUs Withheld for Taxes

What Happened
Jenny C. Yeh, OOMA Inc. (OOMA) SVP, Chief Legal Officer and Director, reported two related transactions around the vesting of restricted stock units (RSUs). On 2026-09-10 she delivered 1,933 shares to the company to satisfy withholding taxes (reported at $22.67/share, value $43,821). On 2026-09-11 she sold 1,948 shares in an open-market sale at $23.00/share for proceeds of $44,804. Combined, 3,881 shares were disposed for roughly $88,625. These were disposals (tax withholding and a routine sale), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-09-10: 1,933 shares withheld for taxes at $22.67 (value $43,821). (Code F)
  • 2026-09-11: 1,948 shares sold open market at $23.00 (proceeds $44,804). (Code S)
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Shares were delivered to the issuer to pay withholding tax on RSU vesting.
  • F2: The open-market sale was made under a 10b5-1 trading plan adopted April 1, 2026.
• Filing timeliness: The Form 4 was filed on 2026-09-14 and appears to be timely relative to the reported transaction dates.

Context

• The 1,933-share transaction is a tax-withholding event tied to RSU vesting (common and administrative; not a market-timed buy or sell).
• The 1,948-share sale was executed under a pre-established 10b5-1 plan, which is a routine, rule-compliant way insiders schedule sales.
• These actions are disposals and do not indicate additional insider purchases or increased ownership; they are typically considered routine insider activity rather than a clear bullish signal.