Ooma (NYSE: OOMA) CAO surrenders shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc.'s Chief Accounting Officer, Namrata Sabharwal, reported a small share disposition tied to taxes rather than an open‑market trade. On this Form 4, 196 shares of common stock at $14.40 per share were delivered back to Ooma to cover withholding taxes due on vested restricted stock units. After this tax-withholding transaction, Sabharwal directly holds 90,818 Ooma common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sabharwal Namrata
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 196 | $14.40 | $3K |
Holdings After Transaction:
Common Stock — 90,818 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OOMA Chief Accounting Officer report on this Form 4?
The filing shows Namrata Sabharwal disposed of 196 Ooma common shares. These shares were delivered back to the company to satisfy withholding tax obligations triggered when restricted stock units vested, rather than being sold in the open market.
What does transaction code F mean in the OOMA Form 4 filing?
Transaction code F indicates a tax-related disposition of shares. In this case, the reporting person delivered Ooma common shares to the issuer to pay the exercise price or withholding tax liability related to vested restricted stock units, rather than selling shares on the market.