OMDA Form 4: Jonathan D. Root Granted 657 RSUs; Holds 4.7M Indirect Shares
Rhea-AI Filing Summary
Jonathan D. Root, a director of Omada Health, Inc. (OMDA), reported the receipt of 657 restricted stock units (RSUs) on 10/05/2025 issued under the company's Non-Employee Director Compensation Program in lieu of retainer fees. Following this grant, Mr. Root directly beneficially owns 10,630 shares and indirectly beneficially owns 4,717, (4,571,769 + 146,257) shares through affiliated USVP X funds, where he is a managing member of the general partner and disclaims direct beneficial ownership except for any pecuniary interest. The Form 4 was signed by an attorney-in-fact on 10/07/2025.
Positive
- 657 RSUs granted aligns director compensation with shareholder value
- Significant indirect ownership via USVP X funds (totaling 4,717,~k shares) indicates strong investor alignment
Negative
- Possible dilution over time if RSUs vest and convert to shares
- Indirect voting influence concentrated in affiliated funds may centralize control
Insights
Director received RSUs for fees; holds significant indirect stake via USVP X funds.
The grant of 657 RSUs as director compensation aligns a non-employee director's interests with shareholders by converting retainer fees into equity. Each RSU converts to one share on vesting, increasing potential future shareholdings if vested.
The reporting person directly owns 10,630 shares and may be deemed to share voting/dispositive power over 4,571,769 and 146,257 shares held by affiliated funds; this concentration signal is relevant to governance and voting outcomes through the near term, especially around corporate actions or board matters.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 657 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") that were granted pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") in lieu of retainer fees. Each RSU represents the right to receive one (1) share of Common Stock. Presidio Management Group X, L.L.C. ("PMG X"), the general partner of U.S. Venture Partners X, L.P. and USVP X Affiliates, L.P. (together, the "USVP X Funds"), has sole voting and dispositive power with respect to the shares held by the USVP X Funds. The Reporting Person is a managing member of PMG X, and may be deemed to share voting and dispositive power over the shares held by the USVP X Funds. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein. Shares held by U.S. Venture Partners X, L.P. Shares held by USVP X Affiliates, L.P.
