Ooma (NYSE: OOMA) CAO reports 28,000 RSU grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc.'s Chief Accounting Officer, Namrata Sabharwal, reported routine equity compensation activity. She had 192 shares of common stock withheld at a price of $12.36 per share to cover tax obligations when restricted stock units vested, and received a grant of 28,000 new restricted stock units at no cost.
After the tax-withholding disposition, her holdings increased to 91,014 shares of common stock. The 28,000 restricted stock units are scheduled to vest in 16 equal installments, with the first vesting on June 1, 2026 and additional installments every third month, contingent on her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sabharwal Namrata
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 192 | $12.36 | $2K |
| Grant/Award | Common Stock | 28,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 63,014 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's Chief Accounting Officer report on this Form 4?
OOMA’s Chief Accounting Officer, Namrata Sabharwal, reported two transactions: 192 shares of common stock were withheld to cover tax liabilities on vesting equity, and she received a grant of 28,000 restricted stock units at no purchase cost as part of her compensation.
Was the OOMA Form 4 transaction a buy or sell of common stock?
The filing shows no open-market buying or selling. It reports a tax-withholding disposition of 192 shares and a grant of 28,000 restricted stock units, both characterized as routine equity compensation and related tax settlement rather than discretionary trades in OOMA common stock.
How do the 28,000 OOMA restricted stock units vest for the Chief Accounting Officer?
The 28,000 restricted stock units vest in 16 equal installments. One-sixteenth vests on June 1, 2026, and another one-sixteenth vests on the same calendar day every third month, provided she maintains continuous service under OOMA’s 2015 Equity Incentive Plan.