Form 4: OOMA Insider Sale Reduces CFO Holdings to 191,972 Shares
Rhea-AI Filing Summary
Ooma, Inc. insider transaction: On 09/04/2025, Shigeyuki Hamamatsu, the company's Chief Financial Officer, reported a sale of 7,335 shares of Ooma common stock at prices ranging from $12.84 to $12.94 per share, with an aggregate per-share disclosure price of $12.886. After the sale, the reporting person beneficially owned 191,972 shares, reported as direct ownership.
The Form 4 is a routine Section 16 filing disclosing the officer's disposition of shares. The filing states the seller will provide SEC staff details on the number of shares sold at each separate price if requested.
Positive
- Reporting is complete and signed: Form 4 contains a manual signature and date, fulfilling disclosure formalities
- Significant retained ownership: Reporting person still beneficially owns 191,972 shares after the sale
Negative
- Officer disposed shares: CFO sold 7,335 shares on 09/04/2025 at prices between $12.84 and $12.94
Insights
TL;DR: CFO sold a small block of shares and still holds a substantial stake; transaction appears routine and non-material to company capital.
The sale of 7,335 shares at prices between $12.84 and $12.94 is documented as a direct disposition reducing the CFO's holdings to 191,972 shares. The filing includes a price-range disclosure and an undertaking to provide per-price allocation to the SEC on request. There is no indication of option exercises, derivative activity, or formulaic trading plan on the face of this Form 4. For investors, this record shows insider liquidity but does not itself change company fundamentals.
TL;DR: Insider sale disclosed by the CFO is a standard Section 16 filing; nothing in the form indicates governance concerns or corrective disclosures.
The Form 4 identifies the reporting person as the Chief Financial Officer and lists a single non-derivative sale transaction on 09/04/2025. The signature block is properly executed. The filing does not reference any Rule 10b5-1 trading plan or amendments. Absent additional context (planned trades, recurrent sales pattern, or related-party transactions), this single-filed disposition is a routine disclosure under federal securities rules.