[144] Ooma, Inc. SEC Filing

Rhea-AI Filing Summary

Ooma, Inc. (OOMA) Form 144 notice reports a proposed sale of 19,265 common shares through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $247,516.72 and approximately 27.6 million shares outstanding. The shares were granted as restricted stock: 13,763 shares acquired 03/15/2022 and 5,502 shares acquired 12/01/2022. The filer declares prior sales of 10,727 shares on 06/10/2025 for gross proceeds of $139,215.01. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information about the issuer and references potential Rule 10b5-1 trading plans.

Positive

• Disclosure compliance: The filer provides required Rule 144 details including acquisition dates and prior sales, supporting regulatory transparency.
• Origin of shares disclosed: All securities to be sold are identified as restricted stock granted by the issuer, clarifying provenance.

Negative

• Insider selling: The filer has recently sold shares (10,727 on 06/10/2025) and proposes further sales, which some investors may view negatively.
• No new company information: The filing contains no operational or financial updates that would provide context for the sales.

Insights

Securities Analyst

TL;DR: Routine insider notice showing planned sale of vested restricted shares; not a material corporate event by itself.

The Form 144 discloses a proposed transaction by an insider to sell 19,265 common shares via Morgan Stanley Smith Barney, matching restricted stock grants from 2022. The filing shows a recent partial sale of 10,727 shares generating $139,215, indicating ongoing monetization of previously restricted equity. Relative to the stated outstanding shares (~27.6 million), the proposed sale is immaterial on a market-capitalization basis. No new operating or financial information about the company is provided; this is a compliance disclosure under Rule 144 rather than a corporate development.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; standard certification about absence of undisclosed material information is included.

The filing documents the origin of the securities as restricted stock awarded by the issuer on 03/15/2022 and 12/01/2022 and notes aggregation of recent sales within the prior three months. The signer affirms no undisclosed material adverse information and references Rule 10b5-1 plans if applicable. From a governance perspective, the form meets required transparency and timing disclosures; it does not signal a corporate governance change or regulatory issue.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	19265	247516.72	27600000	09/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/01/2022	Restricted Stock	Issuer			5502	12/01/2022	Not Applicable
Common	03/15/2022	Restricted Stock	Issuer			13763	03/15/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ERIC STANG 525 ALMANOR AVENUE SUITE 200 SUNNYVALE CA 94085	Common	06/10/2025	10727	139215.01

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does OOMA Form 144 disclose about the proposed sale?

The notice reports a proposed sale of 19,265 common shares on 09/04/2025 via Morgan Stanley Smith Barney with an aggregate market value of $247,516.72.

How many shares did the filer previously sell and for how much?

The filer sold 10,727 shares on 06/10/2025 for gross proceeds of $139,215.01.

When were the shares to be sold originally acquired?

The shares were acquired as restricted stock on 03/15/2022 (13,763 shares) and 12/01/2022 (5,502 shares).

Who is the broker handling the proposed sale?

The proposed sale is to be executed by Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.

How material is the proposed sale relative to outstanding shares?

The proposed 19,265 shares represent a small fraction of the issuer's stated 27,600,000 outstanding shares, indicating immaterial issuance impact.