OmniAb Insider Filing: 20k RSU Vesting & New 40k Option Grant

Rhea-AI Filing Summary

OmniAb, Inc. (OABI) – Form 4 filed 18-Jun-2025

Director Steven Love reported several equity transactions dated 17-Jun-2025. The filing shows a routine mix of RSU vesting, fresh equity grants and the associated increase in directly held common shares.

• RSU vesting (Code M): 20,000 previously awarded restricted stock units converted into an equal number of common shares. Mr. Love’s direct shareholdings rose to 58,333 shares following the conversion.
• New RSU grant (Code A): 20,000 RSUs were awarded. These units vest in full on the earlier of OmniAb’s next annual shareholder meeting or the first anniversary of the grant date.
• New stock option grant (Code A): 40,000 options with a strike price of $1.70 and a 10-year term (expiring 17-Jun-2035) were issued. The option vests in full on the same schedule as the RSUs.

Post-transaction derivative holdings now comprise 46,667 RSUs and 40,000 stock options, while non-derivative ownership stands at 58,333 common shares. No open-market sales were disclosed, indicating that all changes stem from equity compensation and not from dispositions that might pressure the share float.

Because the reported activities involve standard director compensation and do not reflect purchases or sales on the open market, the filing is generally viewed as neutral-to-slightly-positive: it aligns the director’s incentives with shareholders without signaling divestiture. Material financial performance data is not included in this filing.

Positive

• No open-market sales: all transactions were acquisitions or grants, avoiding negative selling signal.
• Alignment of interests: new RSUs and options increase the director’s equity stake, potentially enhancing shareholder alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine equity awards; no open-market selling; limited market impact.

The Form 4 indicates normal annual compensation mechanics. 20 k RSUs vested and converted, increasing common shares held. Concurrently, Mr. Love received 20 k new RSUs and 40 k options at a $1.70 strike, all vesting within roughly one year. The absence of dispositions suggests no bearish signal; however, the volume is small relative to OmniAb’s float, so trading impact should be minimal.

Corporate Governance Expert

TL;DR: Compensation structure aligns director interests; standard one-year vesting.

The grants use short-horizon vesting tied to the next AGM, consistent with prevailing governance best practices that promote director alignment without long deferral. Option pricing at $1.70 keeps incentives out-of-the-money unless the stock appreciates, reinforcing pay-for-performance. No red flags arise from timing or structure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Love Steven

(Last) (First) (Middle)

5980 HORTON STREET, STE 600

(Street)

EMERYVILLE CA 94608

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OmniAb, Inc. [ OABI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/17/2025		M		20,000(1)	A	(2)	58,333	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	06/17/2025		M			20,000	(1)	(1)	Common Stock	20,000	$0	26,667	D
Restricted Stock Units	(2)	06/17/2025		A		20,000		(3)	(3)	Common Stock	20,000	$0	46,667	D
Stock Option (right to buy)	$1.7	06/17/2025		A		40,000		(4)	06/17/2035	Common Stock	40,000	$0	40,000	D

Explanation of Responses:

1. Represents the vesting of an RSU granted on June 18, 2024, 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.

2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

3. 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.

4. 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.

Remarks:

	By: /s/ Charles S. Berkman, Attorney-in-Fact For: Steven Love	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

How many OmniAb (OABI) common shares does Steven Love own after the 17-Jun-2025 transactions?

58,333 shares are now held directly.

What equity grants did Steven Love receive on 17-Jun-2025?

He received 20,000 RSUs and 40,000 stock options at a $1.70 strike price.

Did the Form 4 disclose any open-market sales of OmniAb stock?

No. All reported activities were vesting conversions and new grants; no sales were recorded.

When do the newly granted RSUs and options vest?

Both vest in full on the earlier of OmniAb’s next annual stockholder meeting or one year from grant.

What is the expiration date of the 40,000 stock options granted?

The options expire on 17-Jun-2035.

What transaction code was used for the RSU vesting conversion?

Code M, indicating a conversion of derivative security.