Ooma (NYSE: OOMA) legal chief gets 50,000-share grant, with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma, Inc. senior vice president and chief legal officer Jenny C. Yeh reported routine equity compensation and tax-related share withholding. On March 12, she received a grant of 50,000 shares of common stock at no cost, representing restricted stock units that will vest over time beginning on June 1, 2026 in equal quarterly installments, subject to continued service.
On March 10, 1,817 shares of common stock at $14.24 per share were delivered back to Ooma to cover withholding taxes due upon vesting of restricted stock units, a non-market, tax-withholding disposition. Following these transactions, she holds 286,042 shares of Ooma common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yeh Jenny C
Role
SVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,817 | $14.24 | $26K |
Holdings After Transaction:
Common Stock — 286,042 shares (Direct)
Footnotes (1)
- Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units. Represents restricted stock units which will vest as follows: 1/16th of the total original number of restricted stock units shall vest on June 1, 2026 and 1/16th of the total original number of restricted stock units shall vest on the same day of every 3rd month thereafter, subject to the Reporting Person's continuous status as a Service Provider (as defined in the Issuer's 2015 Equity Incentive Plan) through each applicable vesting date.
FAQ
What insider transactions did OOMA SVP & Chief Legal Officer Jenny Yeh report on this Form 4?
Jenny Yeh reported receiving 50,000 shares of OOMA common stock as an equity grant and surrendering 1,817 shares to the company for tax withholding. These transactions reflect routine stock-based compensation and related tax payments, not open-market buying or selling.
Does this OOMA Form 4 indicate any option exercises or derivative transactions for Jenny Yeh?
This Form 4 does not report any option exercises or other derivative security transactions for Jenny Yeh. It shows only common stock entries related to a new restricted stock unit-based grant and shares delivered to satisfy tax withholding obligations on previously vested units.