Cochran Jennifer R. 4
4 · OmniAb, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
OmniAb (OABI) Director Jennifer R. Cochran Exercises Options, Receives RSUs
What Happened
- Jennifer R. Cochran, a Director of OmniAb, reported exercising/converting derivatives and receiving equity awards on 2026-06-17. The Form 4 shows an exercise/conversion event for 20,000 shares acquired and a related 20,000-share disposition (both coded "M" for exercise/conversion), plus two award/acquisition entries (coded "A") totaling 60,000 RSUs (20,000 and 40,000) acquired. The filing reports $0.00 for the disposed shares and the awards where price is shown; one exercised-acquired line shows price N/A.
Key Details
- Transaction date: June 17, 2026 (report filed June 18, 2026 — timely).
- Reported movements:
- Exercise/conversion (M): 20,000 shares acquired (price N/A)
- Exercise/conversion (M): 20,000 shares disposed at $0.00 (reported value $0)
- Award/grant (A): 20,000 RSUs acquired at $0.00 (reported value $0)
- Award/grant (A): 40,000 RSUs acquired at $0.00 (reported value $0)
- Shares owned after the transactions: not disclosed in the provided summary of the filing.
- Relevant footnotes:
- RSUs represent contingent rights to one share each and vest on the earlier of the next annual meeting or the first anniversary of the grant (footnotes F1–F3).
- Stock options vest/become exercisable on the earlier of the next annual meeting or the first anniversary of grant (F4).
- Filing timeliness: Filed one day after the transaction date (appears timely).
Context
- Transaction codes: M = exercise/conversion of a derivative (e.g., option); A = award/grant (RSUs). The filing shows conversions/exercises plus RSU vesting/awards rather than an open-market purchase or an outright sale.
- The $0.00 disposition line commonly reflects shares withheld to cover taxes or other withholding obligations at vesting/exercise; the Form 4 shows $0 value for those withheld shares, consistent with withholding rather than a cash sale.
- These events are typically routine compensation-related actions (vesting and option exercises) and should not be read as an explicit buy or sell signal about the company.
Insider Transaction Report
Form 4
OmniAb, Inc.OABI
Cochran Jennifer R.
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-17+20,000→ 185,274 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-06-17−20,000→ 0 total→ Common Stock (20,000 underlying) - Award
Restricted Stock Units
[F2][F3]2026-06-17+20,000→ 20,000 total→ Common Stock (20,000 underlying) - Award
Stock Option (right to buy)
[F4]2026-06-17+40,000→ 40,000 totalExercise: $2.03Exp: 2036-06-17→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]Represents the vesting of an RSU granted on June 17, 2025, which occurs on the earlier of (A) the date of the next annual meeting of the Company's stockholders following the grant date and (B) the first anniversary of the grant date.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The RSUs shall vest in full on the earlier of (A) the date of the next annual meeting of the Company's stockholders following the grant date and (B) the first anniversary of the grant date.
- [F4]Each Stock Option shall vest and become exercisable in full on the earlier of (A) the date of the next annual meeting of the Company's stockholders following the grant date and (B) the first anniversary of the date of grant.
Signature
By: /s/ Charles S. Berkman, Attorney-in-Fact For: Jennifer R. Cochran|2026-06-18