FETTER TREVOR 4
Research Summary
AI-generated summary
Omada Health (OMDA) Director Trevor Fetter Receives 888 RSU Award
What Happened
- Trevor Fetter, a director of Omada Health, received a grant of 888 restricted stock units (RSUs) on 2026-07-05. The RSUs were granted at $0.00 (no cash exchanged) and represent the right to receive 888 shares of common stock upon settlement. This award was issued under the company's Non-Employee Director Compensation Program in lieu of retainer fees.
Key Details
- Transaction date: 2026-07-05; Form filed: 2026-07-07 (timely filing — within the standard 2 business-day window).
- Transaction type/code: A (award/grant); 888 RSUs @ $0.00; reported value $0.
- Shares owned after transaction: Not specified in the Form 4 for this grant; filing does note a separate transfer described below.
- Footnote F1: RSUs granted pursuant to the Non-Employee Director Compensation Program; each RSU equals one share and settlement may occur on a date selected by the reporting person or as provided by the Program.
- Footnote F2: Separately reflects a transfer of 111,200 shares from a limited liability company to a family trust of which the reporting person is trustee and beneficiary — a change in ownership form, not a sale.
Context
- RSU grants to directors are common compensation for non-employee board members and do not involve an outlay of cash; they generally reflect routine compensation rather than a direct bullish or bearish market signal.
- RSUs convert to actual shares upon settlement and may be subject to vesting and other program terms, so the economic impact depends on those future conditions.