Omada (OMDA) CFO Steven L. Cook Sells Shares

What Happened
Steven L. Cook, Chief Financial Officer of Omada Health (OMDA), reported open‑market sales of a total of 6,800 shares on September 10, 2026 for combined reported proceeds of $148,640. The filing lists two aggregate trades: 6,200 shares at a weighted-average price of $21.80 (reported proceeds $135,130) and 600 shares at a weighted-average price of $22.52 (reported proceeds $13,510). This was a sale (not a purchase) and was made pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-14)
• Reported sales: 6,200 shares @ $21.80 (weighted avg; trades ranged $21.38–$22.35) and 600 shares @ $22.52 (weighted avg; trades ranged $22.41–$22.75)
• Total reported proceeds: $148,640
• Shares owned after the transaction: not disclosed in the filing
• Footnotes: F1 — trades executed under a 10b5-1 plan adopted March 14, 2026; F2 & F3 — each line reflects weighted-average prices across multiple executions and the filer will provide trade-by-trade details on request
• Timeliness: Trades dated 9/10; Form 4 filed 9/14. Form 4s are typically due within two business days of a transaction, so this filing is several days after the trade date (check the SEC record for any late-filing designation)

Context

• Sales under a 10b5-1 plan are pre‑scheduled trading arrangements and are commonly used by insiders to sell shares without indicating a change in personal view of the company.
• This report reflects share disposals (routine liquidity) rather than an insider purchase, which investors often view as a stronger signal of insider confidence.