Omada Health (OMDA) director granted 649 RSUs in lieu of cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Omada Health, Inc. director Julie D. Klapstein reported receiving an equity grant of 649 shares of Common Stock in the form of restricted stock units. These RSUs were awarded at no cash cost per share under the company’s Non-Employee Director Compensation Program in lieu of cash retainer fees.
After this grant, Klapstein directly holds a total of 21,965 shares of Common Stock. The RSUs each represent the right to receive one share of Common Stock, with settlement occurring on a date selected by the director under the program or as otherwise provided by the plan. This is a routine, compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Klapstein Julie D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 649 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,965 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 649 shares
Grant price per share: $0.00 per share
Total holdings after grant: 21,965 shares
+1 more
4 metrics
RSUs granted
649 shares
Restricted stock units granted in lieu of retainer fees
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Total holdings after grant
21,965 shares
Common Stock directly held by Julie D. Klapstein after transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, retainer fees, restricted stock units
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that were granted pursuant to the Issuer's Non-Employee Director Compensation Program"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Program financial
"that were granted pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") in lieu of retainer fees"
retainer fees financial
"RSUs that were granted pursuant to the Issuer's Non-Employee Director Compensation Program in lieu of retainer fees"
restricted stock units financial
"Each RSU represents the right to receive one (1) share of Common Stock"
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.
FAQ
What insider transaction did Omada Health (OMDA) disclose for Julie D. Klapstein?
Omada Health disclosed that director Julie D. Klapstein received 649 restricted stock units as equity compensation. The award was granted in lieu of cash retainer fees under the Non-Employee Director Compensation Program and is classified as a grant or award acquisition, not an open-market stock purchase.
Was the Omada Health (OMDA) Form 4 transaction a market buy or a compensation grant?
The Form 4 transaction for Omada Health was a compensation-related grant, not a market purchase. Julie D. Klapstein received 649 restricted stock units at a stated price of $0.00 per share in lieu of cash director retainer fees under the company’s Non-Employee Director Compensation Program.
What are the terms of the RSUs granted to Omada Health (OMDA) director Julie D. Klapstein?
Each restricted stock unit granted to Julie D. Klapstein represents the right to receive one share of Omada Health Common Stock. Settlement will occur either on a date she selects pursuant to the Non-Employee Director Compensation Program or as otherwise provided by that program’s terms.
Why did Omada Health (OMDA) grant RSUs instead of cash to Julie D. Klapstein?
The filing states that the 649 restricted stock units 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 rather than cash, aligning a portion of board compensation with company stock performance.