Gracey Craig 4/A
Research Summary
AI-generated summary
Omada Health (OMDA) CAO Gracey Craig Exercises Options and Sells Shares
What Happened
- Gracey Craig, Chief Accounting Officer of Omada Health (OMDA), executed a same-day exercise-and-sale on June 24, 2026. She exercised 2,083 option shares at $6.57 per share (cost $13,685) and sold 2,083 shares in the open market for a weighted-average price of $19.01 per share (proceeds ~$39,602). The filing shows the related derivative conversion as well (reported at $0 on the Form for the derivative line).
- This transaction is effectively a routine option exercise followed by an immediate sale (not a straightforward buy), so it is generally considered a liquidity/compensation action rather than a clear bullish purchase.
Key Details
- Transaction date: June 24, 2026.
- Exercise: 2,083 shares @ $6.57 = $13,685 (reported as an acquisition).
- Sale: 2,083 shares @ weighted avg $19.01 = $39,602 (reported as a disposition). Sale executed in multiple trades at prices from $19.00–$19.03 (footnote F3).
- Plan: Sale made pursuant to a 10b5-1 trading plan adopted March 13, 2026 (footnote F2).
- Filing status: This is an amended Form 4/A filed July 8, 2026 that restates the original Form 4 (filed 6/26/2026) to include an exercise that was inadvertently omitted (footnote F1).
- Vesting note: The options vest 25% after one year from 9/9/2024 and then monthly (1/48th) thereafter (fully vested at four years) (footnote F4).
- Shares owned after the transaction: The amended filing adjusted Box 5 to correct beneficial ownership; the specific post-transaction share total is reported in the Form 4/A (not provided here).
Context
- Same-day exercise-and-sale is common when insiders exercise vested options for cash proceeds; because this sale was under a prearranged 10b5-1 plan, it was likely scheduled in advance and is typically treated as routine. The amendment corrected an earlier omission and does not necessarily imply new trading intent.