Ooma CEO covers taxes with share transfer
Ooma Inc. director, CEO and President Eric B. Stang reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Ooma Inc. director, CEO and President Eric B. Stang reported a routine tax-related share disposition. He delivered 8,236 shares of common stock to the company to pay withholding taxes due upon vesting of restricted stock units, rather than selling shares in the open market.
After this transaction, he directly owns 882,436 common shares1,236,997 common shares
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 8,236 shares
Exercise Price or Tax Liability
2 txns
Insider
STANG ERIC B
Role
CEO and Pres.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,236 | $13.68 | $113K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 882,436 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)
- F1. Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OOMA CEO Eric Stang report on this Form 4?
Eric B. Stang reported delivering 8,236 shares of Ooma common stock to the company to cover withholding taxes upon restricted stock unit vesting. This is a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.