OOMA Insider Sale: Eric Stang Disposes 19,265 Shares at ~$12.85
Rhea-AI Filing Summary
Eric B. Stang, CEO and President of Ooma, Inc. (OOMA), reported an open-market sale of company common stock on 09/04/2025. The Form 4 shows he disposed of 19,265 shares with reported prices ranging from $12.725 to $12.94 and a reported aggregate price entry of $12.8481. After the sale, the filing reports Mr. Stang directly beneficially owns 688,729 shares and indirectly owns 1,236,997 shares through the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust. The filing is signed and dated 09/05/2025 and includes an undertaking to provide detailed per-price sale information to the SEC staff upon request.
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Insights
TL;DR: Routine insider sale disclosed; ownership remains substantial with both direct and indirect holdings.
The sale of 19,265 shares appears as an open-market disposition reported under Section 16. Such filings routinely disclose liquidity events by executives while preserving transparency for investors. Post-transaction direct ownership of 688,729 shares and indirect ownership of 1,236,997 shares indicate continued significant alignment with shareholders. The Form 4 notes a price range for the sale and the reporting person offers to provide per-price allocation on request, which supports completeness of disclosure.
TL;DR: Disclosure complies with Section 16 reporting; sale does not indicate a change in control or role.
The filing identifies Mr. Stang as both an officer (CEO and President) and a director, and it documents a reported sale rather than any grant or option exercise. From a governance perspective, timely Form 4 reporting and the explicit identification of indirect holdings via the family trust meet standard disclosure expectations. The filing does not include any amendment or additional governance actions, and no material corporate event is disclosed.