Cook Steven L. 4

What Happened

• Steven L. Cook, Chief Financial Officer of Omada Health (OMDA), exercised 12,150 stock options on July 15, 2026 at an exercise price of $8.28 per share (total cost $100,602) and immediately sold the same 12,150 shares into the market. The sales were: 400 shares at $24.00 ($9,600) and 11,750 shares at $24.01 ($282,174), for total gross proceeds of $291,774. The filing shows the derivative exercise (Form 4 code M) and the subsequent open-market dispositions (code S).

Key Details

• Transaction date: July 15, 2026 (reported July 17, 2026; filing appears timely).
• Option exercise: 12,150 shares acquired at $8.28 each for $100,602.
• Open-market sales: 400 shares @ $24.00 and 11,750 shares @ $24.01; total sales $291,774.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: Transaction executed pursuant to a 10b5-1 trading plan adopted March 14, 2026 (F1). Footnote F2 notes 100% of the option shares were fully vested and exercisable.
• Derivative note: The filing lists a derivative disposition at $0.00 for 12,150 shares, reflecting the transfer/sale of the shares received on exercise.

Context

• This was essentially an exercise plus immediate sale (a cashless-type outcome): Cook acquired shares by exercising vested options and then sold those shares in the open market. Such transactions often reflect option monetization rather than a directional bet on the stock; the presence of a 10b5-1 trading plan indicates sales were pre-authorized according to a set plan.