Ooma (OOMA) CEO delivers 9,366 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc. CEO and President Eric B. Stang delivered 9,366 shares of common stock at $17.53 per share to the company to cover withholding taxes triggered by restricted stock unit vesting. After these tax-withholding dispositions, he holds 854,701 shares directly and 1,229,580 shares indirectly 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 | 9,366 | $17.53 | $164K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 854,701 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: 9,366 shares
Disposition price: $17.53 per share
Direct holdings after transaction: 854,701 shares
+1 more
4 metrics
Tax-withholding shares
9,366 shares
Shares delivered to issuer to cover RSU withholding taxes
Disposition price
$17.53 per share
Value for 9,366 shares used for tax withholding
Direct holdings after transaction
854,701 shares
Common stock directly owned by Eric Stang after tax withholding
Indirect holdings via trust
1,229,580 shares
Common stock held by the Stang Family Trust
Key Terms
restricted stock units, withholding tax liability, tax-withholding disposition, indirect ownership, +1 more
5 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
"payment of the withholding tax liability upon vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
indirect ownership financial
"ownership_type": "indirect""
Stang Family Trust financial
"Stang Family Trust"
FAQ
What did OOMA CEO Eric Stang report in this Form 4 insider filing?
Eric Stang reported using 9,366 OOMA common shares to pay withholding taxes from restricted stock unit vesting. These shares were delivered to the company, not sold on the open market, and represent a routine tax-related disposition.
What does the F transaction code mean in Eric Stang’s OOMA Form 4?
The F code in Stang’s Form 4 indicates a tax-withholding disposition. It shows that 9,366 OOMA shares were delivered back to the issuer to pay withholding tax related to vested restricted stock units, not an ordinary market sale.
Does this OOMA Form 4 show any new option exercises or derivative activity?
This Form 4 does not report any option exercises or other derivative activity. It records only a tax-withholding disposition of 9,366 OOMA common shares and an updated holding entry for shares indirectly owned via the Stang Family Trust.