Omnicell Insider Withholding 2,792 Shares for Taxes, ESPP Buys 199 Shares
Rhea-AI Filing Summary
Corey J. Manley, EVP & Chief Legal/Administrative Officer and director of Omnicell, Inc. (OMCL), reported a sale and related ownership update on 08/15/2025. The filing shows 2,792 shares were disposed at a price of $31.69 each, recorded as withholding related to the vesting of restricted stock units to cover taxes. After the transaction and a separate purchase of 199 shares under the company ESPP on 08/15/2025, Mr. Manley beneficially owns 114,533 shares (direct). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/19/2025.
Positive
- Significant ongoing ownership: Reporting person retains 114,533 shares direct ownership after transactions.
- Employee participation: Purchased 199 shares under the ESPP on 08/15/2025, indicating continued participation in company equity programs.
Negative
- Disposition of shares: 2,792 shares were disposed at $31.69, recorded on 08/15/2025 (withholding for taxes related to RSU vesting).
Insights
TL;DR: Insider tax-withholding sale and ESPP purchase left the officer with substantial direct holdings; transaction appears routine.
The filing documents a common post-vesting tax withholding event where 2,792 shares were surrendered at $31.69 to satisfy tax obligations, rather than an open-market sale for cash generation. The additional 199-share ESPP purchase increased direct holdings to 114,533 shares, preserving significant insider alignment with shareholders. For investors, this is a routine ownership maintenance action with no disclosed change in control or material dilution.
TL;DR: Governance signal is neutral: officer remains a large direct holder after routine equity plan activity.
The Form 4 discloses standard equity-plan mechanics: RSU vesting tax withholding and ESPP participation. Reporting by an officer and director continues to show meaningful direct ownership, which supports alignment with long-term shareholder interests. There are no indications of unusual transfers, related-party transactions, or departures in the filing.