Gracey Craig 4/A

What Happened

• Gracey Craig, Chief Accounting Officer of Omada Health (OMDA), executed a same-day option exercise and sale on June 22, 2026. Craig exercised 2,083 option shares at $6.57 per share (cost $13,685) and sold the 2,083 shares in an open-market transaction at $18.00 per share (proceeds $37,494). The filing also reports a related derivative disposition of 2,083 shares at $0, reflecting the exercise/conversion.

Key Details

• Transaction date: 2026-06-22.
• Exercise: 2,083 shares @ $6.57 = $13,685 (acquired).
• Sale: 2,083 shares @ $18.00 = $37,494 (disposed).
• Derivative reported disposed: 2,083 @ $0 (reflects conversion/exercise).
• Filing: Amended Form 4/A filed 2026-07-08 to correct omission of the exercise from the original Form 4 filed 6/24/2026 (sale was reported timely; amendment updates beneficial ownership).
• 10b5-1: The sale was made pursuant to a 10b5-1 trading plan adopted March 13, 2026 (per footnote).
• Vesting: Option vesting schedule — 25% after first anniversary from Sept 9, 2024, then 1/48th monthly; fully vested on fourth anniversary.
• Shares owned after transaction: adjusted in the amended filing (Box 5) to correct the earlier omission; see the Form 4/A for the updated beneficial ownership total.

Context

• This was a same-day exercise-and-sale (effectively a cashless exercise): options were exercised and the resulting shares were sold the same day. Such transactions often reflect routine liquidity or pre-set trading-plan activity rather than a directional statement about the company.
• The sale was conducted under a pre-established 10b5-1 plan, which typically schedules trades in advance and helps avoid accusations of trading on material nonpublic information.