Ooma director granted 9,743 RSUs
Galligan Andrew H reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Galligan Andrew H reported acquisition or exercise transactions in this Form 4 filing.
Ooma, Inc. director Andrew H. Galligan received a grant of 9,743 shares of common stock in the form of restricted stock units at no cash cost. These RSUs will vest 100% on the date of Ooma’s 2027 annual stockholder meeting, as long as he continues serving on the Board. Following this award, he directly holds 250,824 shares of Ooma common stock.
Insider Trade Summary
Grant/Award: 9,743 shares
Grant/Award
1 txn
Insider
Galligan Andrew H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,743 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 250,824 shares (Direct)
Holdings Before and After:
Common Stock, 241,081 to 250,824 shares (Direct)
Footnotes (1)
- F1. 100% of the total number of restricted stock units shall vest on the date of the Company's 2027 annual stockholder meeting, subject to the Reporting Person's continued service as a member of the Board.
Key Figures
RSU grant size: 9,743 shares
Post-grant holdings: 250,824 shares
Grant price: $0.0000 per share
3 metrics
RSU grant size
9,743 shares
Restricted stock units granted to director on 2026-06-04
Post-grant holdings
250,824 shares
Total Ooma common shares held directly after transaction
Grant price
$0.0000 per share
Reported price for RSU grant (compensation award, no cash paid)
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 on the date of the Company's 2027 annual stockholder meeting"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OOMA director Andrew H. Galligan report in this Form 4?
Andrew H. Galligan reported receiving 9,743 restricted stock units of Ooma common stock. These units are a stock-based compensation award and were granted at no cash cost, increasing his direct holdings to 250,824 shares after the transaction.
Is the OOMA Form 4 transaction a purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. Galligan received 9,743 restricted stock units coded as an acquisition (A), reflecting a compensation-related award of shares rather than buying stock in the market.
When do Andrew H. Galligan’s new OOMA restricted stock units vest?
All 9,743 restricted stock units vest on the date of Ooma’s 2027 annual stockholder meeting. Vesting is conditioned on Galligan’s continued service as a member of the Board through that meeting date, according to the footnote disclosure.
What does transaction code “A” mean in the OOMA Form 4 filing?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it refers to 9,743 restricted stock units granted to Galligan as compensation, not an open-market stock purchase or sale.
Are there any conditions attached to Galligan’s OOMA restricted stock units?
Yes. The footnote states 100% of the 9,743 restricted stock units vest only on the date of Ooma’s 2027 annual stockholder meeting, and only if Galligan continues to serve as a Board member through that time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
