Ooma (NYSE: OOMA) CFO trims stake with 27,696-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc.’s Chief Financial Officer Shigeyuki Hamamatsu reported an open-market sale of 27,696 shares of common stock at $17.64 per share. The filing also shows 2,942 shares were disposed of to cover withholding tax upon vesting of restricted stock units. After these transactions, he directly holds 193,283 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,696 shares ($488,557)
Net Sell
2 txns
Insider
Hamamatsu Shigeyuki
Role
Chief Financial Officer
Sold
27,696 shs ($489K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,696 | $17.64 | $489K |
| Tax Withholding | Common Stock | 2,942 | $18.14 | $53K |
Holdings After Transaction:
Common Stock — 193,283 shares (Direct, null)
Footnotes (1)
- Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units. The range of prices for the shares of Common Stock sold is from $17.48 to $17.98 The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
Key Figures
Open-market sale: 27,696 shares at $17.64
Tax-withholding shares: 2,942 shares at $18.14
Shares after sale: 193,283 shares
+2 more
5 metrics
Open-market sale
27,696 shares at $17.64
Common Stock sale on 2026-06-02
Tax-withholding shares
2,942 shares at $18.14
Withholding tax disposition on 2026-06-01
Shares after sale
193,283 shares
Directly held after 2026-06-02 transaction
Shares after tax withholding
220,979 shares
Directly held after 2026-06-01 disposition
Net shares sold
27,696 shares
Net-buy/sell direction reported as net-sell
Key Terms
open-market sale, tax-withholding disposition, restricted stock units, withholding tax liability, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for 27,696 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,942 shares used to pay tax"
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.
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 of the restricted stock units"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing Ooma CFO’s transactions"
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 transactions did OOMA’s CFO report in this Form 4?
Ooma’s CFO, Shigeyuki Hamamatsu, reported two transactions: an open-market sale of 27,696 shares of common stock at $17.64 per share and a separate disposition of 2,942 shares used to pay withholding tax on vested restricted stock units.
What does the F code transaction mean in the OOMA Form 4?
The F code represents a tax-withholding disposition, not a market sale. In this filing, 2,942 shares were delivered back to Ooma to pay withholding tax due when restricted stock units vested, satisfying tax obligations without a public market transaction.