Ooma (NYSE: OOMA) CEO uses 8,308 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc.'s CEO Eric Stang reported routine equity activity involving company stock. On June 8, 2026, 8,308 shares of common stock were delivered to the issuer at $16.73 per share to cover withholding tax due upon vesting of restricted stock units. This tax-withholding disposition is not an open-market sale. After this, Stang directly held 864,067 shares of common stock and indirectly held 1,229,580 shares through the Stang Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STANG ERIC B
Role
CEO and Pres.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,308 | $16.73 | $139K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 864,067 shares (Direct, null);
Common Stock — 1,229,580 shares (Indirect, By the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust)
Footnotes (1)
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Key Figures
Tax-withholding shares: 8,308 shares
Withholding price: $16.73 per share
Direct holdings after transaction: 864,067 shares
+1 more
4 metrics
Tax-withholding shares
8,308 shares
Delivered to issuer for withholding tax on RSU vesting at $16.73
Withholding price
$16.73 per share
Value used for 8,308 shares delivered for tax withholding
Direct holdings after transaction
864,067 shares
Common stock held directly by Eric Stang after June 8, 2026
Indirect holdings via trust
1,229,580 shares
Common stock held indirectly through the Stang Family Trust
Key Terms
restricted stock units, withholding tax liability, indirect ownership, Form 4
4 terms
restricted stock units financial
"withholding tax liability upon vesting of the restricted stock units"
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.
withholding tax liability financial
"in payment of the withholding tax liability upon vesting"
indirect ownership financial
"indirect" and nature_of_ownership" By the Eric Stang & Pamela Stang"
Form 4 regulatory
"insider transaction did OOMA CEO Eric Stang report on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did OOMA CEO Eric Stang report on this Form 4?
Eric Stang reported a tax-related share disposition. 8,308 shares of Ooma common stock were delivered to the company at $16.73 per share to satisfy withholding tax from vesting restricted stock units, rather than being sold on the open market.
What is the role of the Stang Family Trust in Eric Stang’s OOMA holdings?
The Stang Family Trust holds Ooma shares on an indirect basis for Eric Stang. The filing shows 1,229,580 shares of common stock held by the trust, described as the Eric Stang & Pamela Stang Stang Family Trust, in addition to his directly held shares.
What does transaction code F mean in the OOMA Form 4 filing?
Transaction code F indicates shares were used to pay tax or exercise costs. In this case, 8,308 shares of Ooma common stock were delivered to the issuer as payment for withholding tax arising from vesting restricted stock units, not as a discretionary sale.