Form 4: Calix Director Wade Oosterman Reports Stock Award and Correction of Previous Filing
SEC Form 4 Filing
Director Wade Oosterman reports the acquisition of 4,689 shares of Calix, Inc. stock and a correction to a previous filing regarding omitted shares.
Summary
- Wade Oosterman, a director of Calix, Inc., reported a transaction on May 8, 2025.
- He acquired 4,689 shares of common stock as an award under the company's non-employee director equity compensation policy.
- These shares will vest the day before the next annual stockholder meeting.
- Oosterman also corrected a previous Form 3 filing from August 12, 2024, which mistakenly omitted 2,500 shares.
- The corrected total of beneficially owned shares is 7,189.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing, indicating normal business operations and director compensation. The correction of a previous error is a neutral event.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The stock award to a director could be viewed positively by shareholders as aligning management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of original Form 3 filing that contained an error. |
| 05/08/2025 | Date of stock award transaction. |
| 05/12/2025 | Date of Form 4 filing. |
Keywords
Calix, Oosterman, Director, Stock Award, Form 4, SEC Filing, Beneficial Ownership, Equity Compensation
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