STANG ERIC B 4
Research Summary
AI-generated summary
OOMA CEO Eric Stang Sells Shares
What Happened
Eric B. Stang, CEO, President and a director of Ooma, reported two dispositions. On March 6, 2026 he sold 25,888 shares in an open-market sale for aggregate proceeds of $369,246 (reported at $14.26 per share). On March 8, 2026 he surrendered 8,191 shares (reported at $14.40 per share) to the company to satisfy withholding tax on vested restricted stock units, valued at $117,950. Both transactions are sales (not purchases).
Key Details
- Transaction dates and amounts:
- 2026-03-06: Open-market sale — 25,888 shares at $14.26; proceeds $369,246 (code S).
- 2026-03-08: Shares delivered for tax withholding — 8,191 shares at $14.40; value $117,950 (code F).
- Total shares disposed: 34,079; total value reported ≈ $487,196.
- Footnotes:
- F1: Filing notes a price range for shares sold of $14.09–$14.38 and that the reporting person will provide a breakdown of sales by price upon SEC staff request.
- F2: Confirms shares were delivered to the issuer to cover withholding tax on vested RSUs.
- Shares owned after the transactions: not specified in the provided filing.
- Timeliness: Report filed 2026-03-10 for transactions on 2026-03-06 and 2026-03-08; no late filing flag indicated.
Context
- The March 8 disposal was a tax-withholding event tied to RSU vesting (routine administrative surrender), not a market purchase. The March 6 sale was an open-market sale — sales by executives can reflect routine liquidity or tax planning and do not alone indicate company outlook.
- Codes: S = sale (open market), F = shares surrendered for tax withholding.