Form 4: OOMA CEO delivers 5,759 shares for RSU tax withholding
Rhea-AI Filing Summary
Ooma, Inc. insider reporting: Eric B. Stang, Ooma's CEO and a director, reported a transaction dated 09/01/2025 disposing of 5,759 shares of Ooma common stock at a price of $12.92 per share. After the reported transaction, he directly beneficially owned 707,994 shares and indirectly owned 1,236,997 shares through the Eric Stang & Pamela Stang Trust UA 09/02/2004. The filing states the shares were delivered to the issuer to satisfy the withholding tax liability upon vesting of restricted stock units. The Form 4 is signed by Mr. Stang on 09/03/2025.
Positive
- Timely disclosure of the transaction and clear explanation that shares were delivered to satisfy withholding tax on vested RSUs
- Substantial remaining ownership: 707,994 shares directly and 1,236,997 shares indirectly via family trust, indicating continued alignment with shareholders
Negative
- Disposition of 5,759 shares (sold/delivered) on 09/01/2025—even though stated as tax withholding, it is a reduction in direct holdings
- Price below potential future upside cannot be assessed from this filing alone (no forward-looking context provided)
Insights
TL;DR: Routine insider tax-withholding share delivery following RSU vesting; timely disclosure by CEO.
This Form 4 documents a common administrative disposition where restricted stock units vested and the reporting person delivered shares to the issuer to satisfy withholding taxes. The transaction appears procedural rather than an open-market selling decision, and the filer maintained substantial direct and indirect holdings. Timely filing and clear explanation reduce governance concerns.
TL;DR: Small disposition relative to aggregate holdings; no clear signal of change in ownership control.
The disposition of 5,759 shares at $12.92 is small relative to the combined reported beneficial ownership (~1.94 million shares). The stated purpose—tax withholding on RSU vesting—explains the sale and suggests limited market impact. Investors should note the transaction date and verify it aligns with known equity compensation schedules.