Form 4: GUSTAFSON KURT A reports multiple insider transactions in OABI
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GUSTAFSON KURT A reported multiple insider transaction types in a Form 4 filing for OABI. The filing lists transactions totaling 33,912 shares at a weighted average price of $1.70 per share. Following the reported transactions, holdings were 259,402 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,828 shares ($11,608)
Net Sell
3 txns
Insider
GUSTAFSON KURT A
Role
Executive VP, Finance and CFO
Sold
6,828 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,828 | $1.70 | $12K |
| Exercise | Restricted Stock Units | 13,542 | $0.00 | -- |
| Exercise | Common Stock | 13,542 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 259,402 shares (Direct);
Restricted Stock Units — 83,334 shares (Direct)
Footnotes (1)
- Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on February 16, 2025. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell-to-cover" transaction and do not represent discretionary trades by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.68 to $1.79. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transactions did OmniAb (OABI) report for CFO Kurt A. Gustafson?
OmniAb’s CFO reported RSU vesting and a related share sale. 13,542 RSUs vested into common stock on February 16, 2026, and 6,828 shares were sold the next day to cover tax withholding tied to that vesting.
Was the OmniAb (OABI) CFO’s stock sale a discretionary trade?
The filing states the sale was not discretionary. The 6,828 shares were sold under a mandated “sell-to-cover” arrangement to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units.
What RSU activity did OmniAb (OABI) disclose for its CFO on February 16, 2026?
On February 16, 2026, 13,542 Restricted Stock Units vested for the CFO and were converted into the same number of OmniAb common shares at an exercise price of $0, as part of a multi-year vesting schedule starting February 16, 2025.
How are the OmniAb (OABI) CFO’s RSUs structured according to the filing?
The filing notes the RSU grant vests in three substantially equal annual installments beginning on February 16, 2025. Each RSU represents a contingent right to receive one share of OmniAb common stock when it vests.