Form 4: Omada Health CFO Steven Cook Granted Over 65,000 Restricted Stock Units
Insider Equity Grant Disclosure
Omada Health, Inc.'s Chief Financial Officer, Steven L. Cook, has been granted 65,789 restricted stock units (RSUs) as part of his compensation, aligning his interests with the company's long-term performance.
Summary
- Steven L. Cook, the Chief Financial Officer of Omada Health, Inc., was granted 65,789 shares of Common Stock in the form of Restricted Stock Units (RSUs).
- The transaction date for this acquisition was June 5, 2025.
- These RSUs were acquired at a price of $0 per unit, which is typical for equity compensation grants.
- The RSUs will vest quarterly, with 1/16th of the units vesting on each quarterly anniversary starting from June 5, 2025, leading to full vesting on the fourth anniversary of this date.
Sentiment
Score: 7
Explanation: The grant of restricted stock units to a key executive aligns their interests with long-term shareholder value, indicating management retention and commitment, which is generally viewed positively.
Positives
- The grant of 65,789 Restricted Stock Units to the Chief Financial Officer aligns his compensation directly with the long-term performance and shareholder value of Omada Health, Inc.
- This equity grant serves as a strong retention incentive for a key executive, ensuring his continued commitment to the company's success over a four-year vesting period.
Negatives
- The RSU grant, upon vesting and conversion to common stock, will result in a minor dilution of existing shareholder equity, although this is a standard practice for executive compensation.
Future Outlook
The vesting schedule for the granted Restricted Stock Units extends over four years from June 5, 2025, indicating a long-term commitment for the Chief Financial Officer.
Stakeholder Impact
- Shareholders: The RSU grant aligns the Chief Financial Officer's interests with long-term shareholder value, potentially leading to more focused efforts on company growth and profitability.
- Employees (specifically the CFO): The grant provides a significant long-term incentive and compensation component, fostering retention and commitment.
Next Steps
- 1/16th of the granted RSUs will vest on each quarterly anniversary measured from June 5, 2025.
- 100% of the RSUs will be fully vested on the fourth anniversary of the Vesting Commencement Date (June 5, 2025).
Key Dates
| Date | Description |
|---|---|
| 06/05/2025 | Date of RSU grant transaction for Steven L. Cook. |
| 06/09/2025 | Date the Form 4 filing was signed by the Attorney-in-Fact for Steven L. Cook. |
Keywords
Omada Health, Restricted Stock Units, RSU, Steven L. Cook, CFO, Equity Compensation, Insider Transaction, Form 4, OMDA
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