Omada Health (OMDA) director granted 882 RSUs instead of cash retainer fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROOT JONATHAN D reported acquisition or exercise transactions in this Form 4 filing.
Omada Health, Inc. director Jonathan D. Root received an equity award of 882 shares of Common Stock in the form of restricted stock units granted under the company’s Non-Employee Director Compensation Program in lieu of cash retainer fees. Each RSU represents one share of Common Stock, to be settled on a date chosen by the director under the program or as otherwise specified by the program. Following this grant, he directly holds 180,175 shares of Common Stock. This is a compensation-related award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROOT JONATHAN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 882 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 180,175 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 882 shares
Grant price per share: $0.00 per share
Shares held after grant: 180,175 shares
3 metrics
RSUs granted
882 shares
Restricted stock units granted in lieu of retainer fees
Grant price per share
$0.00 per share
Reported transaction price for the RSU award
Shares held after grant
180,175 shares
Total Common Stock directly owned after the RSU award
Key Terms
restricted stock units, RSUs, Non-Employee Director Compensation Program
3 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") that were granted pursuant to the Issuer's Non-Employee Director Compensation Program"
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.
RSUs financial
"Each RSU represents the right to receive one (1) share of Common Stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Non-Employee Director Compensation Program financial
"granted pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") in lieu of retainer fees"
FAQ
What did Omada Health (OMDA) director Jonathan D. Root report in this Form 4?
Jonathan D. Root reported receiving 882 restricted stock units of Common Stock from Omada Health as a director compensation award. The RSUs were granted in lieu of cash retainer fees under the Non-Employee Director Compensation Program.
Is the Omada Health (OMDA) Form 4 transaction a stock purchase or a compensation grant?
The filing shows a compensation grant, not an open-market stock purchase. The 882 shares were awarded as restricted stock units under the Non-Employee Director Compensation Program, replacing cash retainer fees normally paid to the director.
What are the key terms of the restricted stock units granted by Omada Health (OMDA)?
Each RSU granted to the director represents the right to receive one share of Omada Health Common Stock. Settlement occurs on a date the director selects under the Program or as otherwise provided by the Program’s terms for director compensation.
Why did Omada Health (OMDA) grant RSUs instead of cash to its director?
The 882 RSUs were granted in lieu of retainer fees under Omada Health’s Non-Employee Director Compensation Program. This program allows non-employee directors to receive equity awards instead of cash, aligning their compensation more closely with shareholder interests.