Omada Health (OMDA) CAO Gracey Craig Exercises Options, Sells 1,042 Shares

What Happened

• Gracey Craig, Chief Accounting Officer of Omada Health (OMDA), exercised options to acquire 1,042 shares and immediately sold those 1,042 shares in an open-market transaction.
• Exercise cost recorded: $6.57 per share for a total cash outlay of $6,846. The open-market sale was at $25.00 per share, generating proceeds of $26,050. The filings also show a derivative disposition entry at $0 reflecting the option exercise/settlement.
• This sequence (exercise then same-day sale) effectively realizes the gain from the option exercise rather than a long-term stock purchase—typically treated as a routine monetization of vested equity.

Key Details

• Transaction date(s): August 10, 2026. Form filed August 12, 2026 (timely filing).
• Exercise: 1,042 shares @ $6.57 (total $6,846). Sale: 1,042 shares @ $25.00 (total $26,050).
• Shares owned after transaction: not specified in the supplied filing details.
• Footnotes: Transactions were made pursuant to a 10b5-1 trading plan adopted March 13, 2026 (prearranged plan). Vesting note: 25% of option shares vested one year after Sept 9, 2024, then 1/48th monthly thereafter (fully vested on fourth anniversary).
• Transaction codes: M = option exercise, S = open-market sale; the derivative $0 disposition reflects the exercised option instrument.

Context

• Because the shares were exercised and sold the same day, this functions like a cashless exercise where the insider realizes the option gain immediately. Sales under a 10b5-1 plan are pre-scheduled and often reflect routine liquidity rather than a contemporaneous statement about company prospects.
• No indication in the provided filing that the reporting person is a 10% owner; this appears to be an officer-level transaction.