Research Summary
AI-generated summary of this SEC filing
OOMA CEO Eric Stang Sells 36,322 Shares
What Happened
- Eric B. Stang, President & CEO and a director of OOMA Inc. (OOMA), reported two disposition transactions. On 2026-09-14 he sold 36,322 shares in an open-market sale at $23.26 per share for proceeds of $844,944. On 2026-09-15 he delivered 8,191 shares at $22.66 per share (value $185,608) to the company to satisfy withholding tax related to vested restricted stock units.
Key Details
- Transaction types: S = open-market sale (36,322 shares); F = shares delivered for tax withholding (8,191 shares).
- Dates & prices: 2026-09-14 — 36,322 shares @ $23.26; 2026-09-15 — 8,191 shares @ $22.66. Filing footnote notes sale prices ranged $23.25–$23.37 and the reporting person can provide the count at each price on request.
- Total proceeds/values: approx. $844,944 (sale) and $185,608 (withholding).
- Shares owned after transaction: not specified in the summary information provided in this notice.
- Footnotes: F2 confirms the 8,191 shares were delivered to the issuer to pay withholding tax on vested RSUs; F3 notes some shares are held in the Eric Stang & Pamela Stang Trust, where Stang exercises voting and investment power.
- Filing timeliness: Report filed 2026-09-16 for transactions on 9/14–9/15; this filing appears timely under Form 4 reporting rules.
Context
- The primary action here is a sale (often routine), while the second transaction is not a market sale but tax-withholding on RSU vesting (a common administrative step when awards vest). No option exercise or 10% owner transactions are reported in this filing.