Omada Health (OMDA) CFO Steven Cook Exercises Options, Sells 1,108 Shares
$OMDA · Omada Health, Inc.Research Summary
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Omada Health (OMDA) CFO Steven Cook Exercises Options, Sells 1,108 Shares
What Happened Steven L. Cook, Chief Financial Officer of Omada Health, exercised 1,108 stock options on 2026-08-27 at $8.28 per share (total cost $9,174) and sold those 1,108 shares in an open-market transaction at $25.00 per share (gross proceeds $27,700). The filing also shows a derivative disposal entry for 1,108 options at $0.00, which reflects the option was converted/exercised.
Key Details
- Transaction date: 2026-08-27 (reported on Form 4 filed 2026-08-31; Period of Report 2026-08-27)
- Exercise: 1,108 shares @ $8.28 = $9,174 (Acquired)
- Sale: 1,108 shares @ $25.00 = $27,700 (Disposed)
- Derivative entry: 1,108 @ $0.00 (Disposed) — reflects option conversion/exercise
- Shares owned after transaction: not disclosed in the provided filing
- Footnotes: Transaction executed pursuant to a 10b5-1 trading plan adopted March 14, 2026 (F1); 100% of the option shares were fully vested and exercisable (F2)
Context The sequence—exercise of options followed by immediate sale of the same number of shares—is consistent with a cashless exercise and sale reported on the same day. The sale was made under a pre-established 10b5-1 plan, which is commonly used to automate insider trades and is generally considered routine; this filing alone does not indicate the insider’s current view of the company.