OmniAb CEO logs RSU vesting, tax share sale
OmniAb, Inc. President and CEO Matthew W. Foehr reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
OmniAb, Inc. President and CEO Matthew W. Foehr reported routine equity compensation activity. On April 7, 2026, 36,459 Restricted Stock Units vested and were converted into the same number of OmniAb common shares at no exercise price. To satisfy tax withholding obligations tied to this vesting, 19,244 shares of common stock were sold in mandated “sell-to-cover” transactions at a weighted average price of $1.49 per share, rather than at Foehr’s discretion. Following these transactions, Foehr directly holds 4,420,492 shares of OmniAb common stock and 309,376 RSUs, indicating that the sale represents a small portion of his overall equity position.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
FOEHR MATTHEW W
Role
President and CEO
Sold
19,244 shs ($29K)
Approx. gross sale proceeds
$29K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 36,459 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,459 | $0.00 | $0.00 |
| Sale | Common Stock | 19,244 | $1.49 | $29K |
Holdings After Transaction:
Restricted Stock Units — 309,376 contracts (Direct);
Common Stock — 4,420,492 shares (Direct)
Footnotes (4)
- F1. Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on April 7, 2024.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.46 to $1.53. 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.
Key Figures
RSUs vested: 36,459 RSUs
Tax-related shares sold: 19,244 shares
Sale price: $1.49 per share
+2 more
5 metrics
RSUs vested
36,459 RSUs
Vesting and conversion to common stock on April 7, 2026
Tax-related shares sold
19,244 shares
Sell-to-cover sale to satisfy tax withholding
Sale price
$1.49 per share
Weighted average sale price; range $1.46–$1.53
Common shares after transactions
4,420,492 shares
Direct OmniAb common stock holdings post-transaction
RSU holdings after vesting
309,376 RSUs
Remaining Restricted Stock Units following April 7, 2026 vesting
Key Terms
Restricted Stock Units, sell-to-cover, weighted average price, equity incentive plans
4 terms
Restricted Stock Units financial
"Represents the vesting of an RSU grant which occurs in three substantially equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell-to-cover financial
"tax withholding obligation to be funded by a "sell-to-cover" transaction and do not represent discretionary trades"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OmniAb (OABI) CEO Matthew Foehr report in this Form 4 filing?
Matthew Foehr reported vesting of 36,459 RSUs that converted into common stock and a related sell-to-cover sale of 19,244 shares for tax withholding. These transactions reflect routine equity compensation and tax handling rather than discretionary trading activity.
How many OmniAb (OABI) Restricted Stock Units vested for CEO Matthew Foehr?
A total of 36,459 Restricted Stock Units vested for Matthew Foehr on April 7, 2026. Each RSU represents a contingent right to receive one share of OmniAb common stock, so the vesting generated 36,459 new common shares for him at no exercise price.
Is Matthew Foehr’s OmniAb (OABI) Form 4 transaction discretionary or routine?
The Form 4 describes a routine compensation event. RSUs vested and converted into common stock, while 19,244 shares were sold solely to satisfy tax withholding under a mandated “sell-to-cover” mechanism, meaning the sale was not a discretionary market trade by Foehr.
AI-generated analysis. How Rhea-AI works. Not financial advice.
