Form 4: FOEHR MATTHEW W reports multiple insider transactions in OABI
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOEHR MATTHEW W reported multiple insider transaction types in a Form 4 filing for OABI. The filing lists transactions totaling 93,670 shares at a weighted average price of $1.70 per share. Following the reported transactions, holdings were 4,375,787 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,754 shares ($35,282)
Net Sell
3 txns
Insider
FOEHR MATTHEW W
Role
President and CEO
Sold
20,754 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,754 | $1.70 | $35K |
| Exercise | Restricted Stock Units | 36,458 | $0.00 | -- |
| Exercise | Common Stock | 36,458 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,375,787 shares (Direct);
Restricted Stock Units — 247,918 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) CEO Matthew Foehr report?
Matthew Foehr reported RSU vesting and a related share sale. 36,458 RSUs vested and converted into common stock, and 20,754 shares were sold in open-market transactions primarily to satisfy tax withholding obligations tied to that vesting.
What does the RSU vesting in OmniAb (OABI) CEO’s filing represent?
The 36,458 RSUs that vested represent part of an equity grant vesting in three substantially equal annual installments beginning February 16, 2025. Each RSU corresponds to the right to receive one share of OmniAb common stock upon vesting.