OOMA CEO Eric Stang Exercises Options to Acquire 50,000 Shares

What Happened

• Eric B. Stang, President, CEO and a director of OOMA Inc. (OOMA), exercised stock options on 2026-09-21 to acquire 50,000 common shares at an exercise price of $10.20 per share, for a cash outlay of $510,000. The filing also shows a related entry for 50,000 derivative units recorded as disposed at $0.00 (a common companion entry when option instruments are converted/exercised).

Key Details

• Transaction date: 2026-09-21; Filing date: 2026-09-23 (timely filing).
• Acquired: 50,000 shares via option exercise at $10.20/share = $510,000 (transaction code M).
• Report also shows a disposition entry of 50,000 derivative securities at $0.00 (transaction code M).
• Footnote F1: Shares are held by the Eric Stang & Pamela Stang Trust U/A 09/02/2004; Stang has voting and investment power as a trustee.
• Footnote F2: The options were fully vested and exercisable.
• Amount of common stock owned after the transaction is not specified in the summary provided.

Context

• This was an exercise of vested options (a purchase-like event), not an open-market sale. The filing does not show an immediate sale of the acquired shares (i.e., not a cashless exercise followed by a sale). Derivative-disposition entries at $0.00 often reflect the conversion or cancellation of option instruments when shares are issued.