Director at Ooma (NYSE: OOMA) granted 9,743 RSUs, holds 118k shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Butenhoff Susan reported acquisition or exercise transactions in this Form 4 filing.
Ooma Inc director Susan Butenhoff received an equity award of 9,743 shares of common stock in the form of restricted stock units. The award was granted at no cash cost as compensation. All RSUs are scheduled to vest at the company’s 2027 annual stockholder meeting, provided she remains on the Board. Following this grant, she directly holds 118,483 shares of Ooma common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butenhoff Susan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,743 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 118,483 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 9,743 shares
Grant price: $0.00 per share
Shares held after grant: 118,483 shares
+1 more
4 metrics
RSU grant size
9,743 shares
Restricted stock units granted to director on June 4, 2026
Grant price
$0.00 per share
Compensation award, not an open-market purchase
Shares held after grant
118,483 shares
Director’s direct ownership following the reported transaction
Vesting timing
2027 annual stockholder meeting
100% of RSUs vest at this meeting if service continues
Key Terms
restricted stock units, annual stockholder meeting, Board
3 terms
restricted stock units financial
"100% of the total number of restricted stock units shall vest"
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.
Board financial
"subject to the Reporting Person's continued service as a member of the Board"
A board is a group of elected people who oversee a company’s direction and management, like a steering committee that hires and evaluates the CEO, approves major deals, and sets broad policies. Investors care because the board’s decisions and oversight shape strategy, risk, dividend and takeover decisions, and legal protections for shareholders—so a strong, independent board can increase the chances of steady returns and protect against mismanagement.
FAQ
What insider transaction did Ooma (OOMA) report for Susan Butenhoff?
Ooma reported that director Susan Butenhoff received a grant of 9,743 restricted stock units of common stock as compensation. The award involved no cash purchase and increased her direct holdings to 118,483 shares after the transaction.
Was the Ooma (OOMA) transaction an open-market buy or sale?
The transaction was not an open-market trade. It was a compensation-related award coded as a grant of 9,743 restricted stock units, with a price per share of $0.00, rather than a discretionary market purchase or sale.
When do Susan Butenhoff’s new Ooma (OOMA) restricted stock units vest?
All of the newly granted restricted stock units are scheduled to vest 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.
What does transaction code "A" mean in the Ooma (OOMA) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities rather than an open-market trade. In this case, it reflects the issuance of 9,743 restricted stock units to director Susan Butenhoff as part of her Board compensation.