Ooma (OOMA) director awarded 9,743 RSUs vesting at 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hand Judi reported acquisition or exercise transactions in this Form 4 filing.
Ooma director Judi Hand reported a stock award of 9,743 common shares as compensation. The shares were granted at a price of $0.00 per share and are structured as restricted stock units that do not fully vest immediately.
According to the footnote, 100% of these restricted stock units will vest on the date of the company’s 2027 annual stockholder meeting, provided she continues serving on the board through that date. After this grant, Hand directly holds a total of 82,071 shares of Ooma common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hand Judi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,743 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,071 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 9,743 shares
Grant price: $0.00 per share
Post-transaction holdings: 82,071 shares
+1 more
4 metrics
RSU grant size
9,743 shares
Restricted stock unit award to director Judi Hand
Grant price
$0.00 per share
Compensation-related equity award, not market purchase
Post-transaction holdings
82,071 shares
Total Ooma common stock held directly by Judi Hand after grant
Vesting condition
2027 annual stockholder meeting
100% of RSUs vest at the meeting if board service continues
Key Terms
restricted stock units, annual stockholder meeting, grant, award, or other acquisition
3 terms
restricted stock units financial
"100% of the total number of restricted stock units shall vest on the date of the Company's 2027 annual stockholder meeting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual stockholder meeting financial
"shall vest on the date of the Company's 2027 annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did OOMA director Judi Hand report on this Form 4?
Judi Hand reported receiving a grant of 9,743 shares of Ooma common stock as a compensation award. The transaction is coded as an acquisition (grant or award), not an open-market purchase or sale, and increases her directly held position.
What is the vesting schedule for Judi Hand’s 9,743 OOMA restricted stock units?
All 9,743 restricted stock units are scheduled to vest 100% on the date of Ooma’s 2027 annual stockholder meeting. Vesting is conditioned on her continued service as a member of the board through that meeting date, according to the footnote.
Was Judi Hand’s OOMA stock award an open-market purchase?
No, the award was not an open-market purchase. It is coded as a grant or award acquisition at a price of $0.00 per share, representing compensation in the form of restricted stock units rather than a discretionary market buy.