Ooma (OOMA) CEO sells 25,888 shares, keeps major holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc. CEO Eric B. Stang reported selling and transferring shares of common stock. On March 6, 2026, he completed an open-market sale of 25,888 shares at an average price of $14.2632 per share, within a price range of $14.09 to $14.38. On March 8, 2026, he delivered 8,191 shares to the company at $14.40 per share to cover withholding tax owed on vesting restricted stock units, which is a tax-related disposition rather than a market trade. After these transactions, Stang holds 899,959 shares directly and 1,236,997 shares indirectly through the Stang Family Trust, indicating he retains a substantial ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,888 shares ($369,246)
Net Sell
3 txns
Insider
STANG ERIC B
Role
CEO and Pres.
Sold
25,888 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,191 | $14.40 | $118K |
| Sale | Common Stock | 25,888 | $14.2632 | $369K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 899,959 shares (Direct);
Common Stock — 1,236,997 shares (Indirect, By the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust)
Footnotes (1)
- The range of prices for the shares of Common Stock sold is from $14.09 to $14.38. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price. Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units.
FAQ
What insider transactions did OOMA CEO Eric Stang report on this Form 4?
Eric Stang reported one sale and one tax-related share delivery. He sold 25,888 Ooma common shares in the open market and separately delivered 8,191 shares to the company to satisfy withholding taxes on vesting restricted stock units.
What is the tax-withholding transaction Eric Stang reported for OOMA stock?
Stang delivered 8,191 shares to Ooma to pay withholding taxes. These shares were transferred back to the issuer at $14.40 per share in connection with the vesting of restricted stock units, representing a tax-liability settlement rather than an open-market sale.
Did Eric Stang’s OOMA Form 4 mention a Rule 10b5-1 trading plan?
The provided data does not reference a Rule 10b5-1 trading plan. The filing describes an open-market sale and a tax-withholding share delivery, but no specific disclosure of a pre-arranged trading plan appears in the supplied information.