Omada Health (OMDA) CEO option exercises and share sales under 10b5-1 plan
Rhea-AI Filing Summary
Omada Health, Inc.’s Chief Executive Officer Sean P. Duffy reported an exercise-and-sell transaction in company stock. He exercised stock options for 12,942 shares at $8.28 per share and 12,944 shares at $5.82 per share, then sold 12,942 shares at a weighted average price of $22.6731 and 12,944 shares at $22.6968 in open-market trades. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026. Following these transactions, he directly holds 411,861 shares of common stock and continues to hold stock options covering 116,077 and 155,427 shares at the respective exercise prices. In addition, 851,659 shares are held indirectly through family trusts for his family members, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
CEO executes routine option exercise-and-sell under a pre-set 10b5-1 plan.
Omada Health’s CEO Sean P. Duffy exercised stock options for 25,886 shares at strike prices of $8.28 and $5.82, then sold an equal number of shares around $22.68–$22.70. This is a classic option exercise-and-sell pattern that converts option value into cash.
The filing shows a net sale of 25,886 shares, but Duffy still holds 411,861 shares directly plus substantial remaining options (116,077 and 155,427 shares at the same strikes). The sales were executed under a Rule 10b5-1 trading plan adopted on March 13, 2026, indicating they were pre-scheduled rather than opportunistic.
Because the transactions are small relative to his combined direct holdings and remaining options, and are plan-based, they look like routine liquidity management rather than a major shift in sentiment. Future company filings may provide additional context if his trading pattern changes materially over later periods.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 12,944 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 12,942 | $0.00 | -- |
| Exercise | Common Stock | 12,944 | $5.82 | $75K |
| Sale | Common Stock | 12,944 | $22.6968 | $294K |
| Exercise | Common Stock | 12,942 | $8.28 | $107K |
| Sale | Common Stock | 12,942 | $22.6731 | $293K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. This transaction was executed in multiple trades at prices ranging from $22.23 to $23.04. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $22.095 to $22.95. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Held in family trusts for the benefit of the Reporting Person's family members. The Reporting Person disclaims beneficial ownership of the shares held by the family trusts except to the extent of his pecuniary interest therein. 100% of the shares subject to the option are fully vested and exercisable.