Omada Health (OMDA) CEO Sean Duffy Exercises Options, Sells Shares

What Happened

• Sean P. Duffy, CEO of Omada Health, exercised stock options to acquire 21,570 shares (5,545 + 3,083 + 12,942) for a total cash cost of $193,023 and then sold those 21,570 shares in open‑market transactions for aggregate proceeds of approximately $509,581. The exercises occurred on Aug 7 and Aug 10, 2026; the sales occurred on Aug 7 and Aug 10, 2026.
• The transactions netted gross sale proceeds of ~$509.6K against option exercise payments of ~$193.0K (the exercises and sales happened same day, consistent with a cashless exercise / immediate sale pattern).

Key Details

• Transaction dates and prices:
  • 2026-08-07: Exercised 5,545 shares @ $8.28 = $45,913 (acquired)
  • 2026-08-07: Exercised 3,083 shares @ $9.18 = $28,302 (acquired)
  • 2026-08-07: Sold 4,314 shares @ $20.90 = $90,163 (disposed)
  • 2026-08-07: Sold 4,314 shares @ $22.80 = $98,359 (disposed)
  • 2026-08-10: Exercised 12,942 shares @ $9.18 = $118,808 (acquired)
  • 2026-08-10: Sold 12,942 shares @ $24.81 (weighted avg; range $24.70–$25.00 per footnote) = $321,059 (disposed)
• Shares acquired via exercise: 21,570; shares sold: 21,570 (matching amounts).
• Shares owned after the transactions: not specified in the provided filing excerpt (see full Form 4 for post‑transaction holdings).
• Notable footnotes:
  • F1: Sales were made pursuant to a 10b5‑1 trading plan adopted March 13, 2026.
  • F2: Aug 10 sale executed in multiple trades at $24.70–$25.00; reported price is weighted average.
  • F3: Some holdings referenced are held in family trusts; the Reporting Person disclaims beneficial ownership except to extent of pecuniary interest.
  • F4: 100% of the option shares were fully vested and exercisable.
• Filing timeliness: Reported period includes Aug 7 trades and was filed Aug 11, 2026 — the Form 4 appears to have been filed within the required reporting window (timely).

Context

• This was an exercise of vested options followed by immediate/near‑immediate sale of the acquired shares (common cashless exercise behavior). Because the sales were executed under a prearranged 10b5‑1 plan, they were scheduled in advance and should not be read as a contemporaneous statement of his view of the company.
• The derivative entries showing $0.00 dispositions reflect the option conversions/exercise mechanics recorded on the Form 4 (not new gifts or transfers).