Omada Health (OMDA) director granted 1,299 RSUs in lieu of fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HILLEMAN JERYL L reported acquisition or exercise transactions in this Form 4 filing.
Omada Health, Inc. director Jeryl L. Hilleman received an equity award rather than making a market purchase. She was granted 1,299 restricted stock units 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 future date as provided by the program. Following this grant, she holds 26,519 shares of Omada Health common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HILLEMAN JERYL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,299 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,519 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,299 units
Shares per RSU: 1 share
Post-grant holdings: 26,519 shares
+1 more
4 metrics
RSUs granted
1,299 units
Non-Employee Director Compensation Program grant in lieu of retainer fees
Shares per RSU
1 share
Each RSU represents one share of Omada Health common stock
Post-grant holdings
26,519 shares
Total Omada Health common stock held directly after RSU grant
Grant price per share
$0.00
Equity award granted as compensation, not a market purchase
Key Terms
restricted stock units, Non-Employee Director Compensation Program, retainer fees, Common Stock
4 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.
Non-Employee Director Compensation Program financial
"were granted pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") in lieu of retainer fees"
retainer fees financial
"granted pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") in lieu of retainer fees"
Common Stock financial
"Each RSU represents the right to receive one (1) share of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Omada Health (OMDA) director Jeryl Hilleman receive in this Form 4?
Jeryl L. Hilleman received an award of 1,299 restricted stock units. These RSUs are part of Omada Health’s Non-Employee Director Compensation Program and were granted in lieu of cash retainer fees for her board service.
Is the Omada Health (OMDA) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not an open-market stock purchase. Director Jeryl Hilleman received 1,299 restricted stock units as part of the company’s director compensation program instead of receiving retainer fees in cash.
What are the key terms of the RSUs granted to the Omada Health (OMDA) director?
Each restricted stock unit represents the right to receive one share of Omada Health common stock. Settlement will occur on a date Jeryl Hilleman selects under the director compensation program or as otherwise provided by that program’s terms.
Why did Omada Health (OMDA) grant RSUs in lieu of retainer fees?
The company’s Non-Employee Director Compensation Program allows directors to receive equity instead of cash retainer fees. In this case, Jeryl Hilleman received 1,299 restricted stock units, aligning a portion of her compensation with Omada Health’s common stock.