OOMA Form 144: 12k-share insider sale (~0.05% float) set for 23 Jun 2025
Rhea-AI Filing Summary
Ooma, Inc. (NYSE: OOMA) – Form 144 filing discloses a proposed insider sale carried out under Rule 144 of the Securities Act.
- Securities: 12,407 common shares
- Estimated value: US $154,276.08
- % of shares outstanding: ~0.045% of 27.6 million shares
- Planned sale date: 23 June 2025
- Broker: Morgan Stanley Smith Barney LLC, New York
- Acquisition details: Shares were originally obtained on 27 March 2009 via an exercise transaction paid in cash
- Prior 3-month insider sales: none reported
The filer certifies that no non-public material adverse information is known. Given the small size of the transaction relative to total shares outstanding and the absence of other recent insider sales, the notice appears routine and is unlikely to materially influence OOMA’s share supply or signal a meaningful shift in insider sentiment.
Positive
- None.
Negative
- None.
Insights
TL;DR: 12k-share Form 144 sale (~0.05 % float) is routine, minimal market impact; overall neutral signal.
This Form 144 simply pre-announces an insider’s intent to sell 12,407 OOMA common shares worth roughly US $154k on 23 June 2025. With 27.6 million shares outstanding, the sale represents about 0.045 % of the float, far below levels that typically raise liquidity or signaling concerns. No other sales were reported in the past quarter, and the filer affirmed possession of no undisclosed negative information. Such small, scheduled dispositions—especially of long-held, option-derived shares—are common for personal diversification and do not necessarily reflect management’s outlook. Accordingly, I view the filing as administratively required and not materially impactful for investors.