Form 4: Omada Health Director Trevor Fetter Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Omada Health Director Trevor Fetter has reported transactions involving restricted stock units and common stock, including the acquisition of RSUs in lieu of fees and a transfer of shares to a family trust.
Summary
- Director Trevor Fetter acquired 955 restricted stock units (RSUs) on April 5, 2026, as part of Omada Health's Non-Employee Director Compensation Program, which were granted in lieu of retainer fees.
- These RSUs represent the right to receive one share of Common Stock, with settlement occurring on a date selected by Fetter or as otherwise provided by the program.
- Additionally, 111,200 shares were transferred from a limited liability company to a family trust where Fetter serves as a trustee and beneficiary.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine director compensation and internal ownership transfers rather than significant financial performance or strategic shifts.
Positives
- Director compensation is being provided through equity, aligning director interests with shareholders.
- The transfer of shares to a family trust indicates long-term wealth planning and potential continued beneficial ownership.
Future Outlook
The filing does not contain specific forward-looking statements or guidance regarding future financial performance. The RSUs are subject to settlement terms defined by the program.
Industry Context
StockSavvy.ai notes that the use of RSUs for director compensation is a common practice in the health tech industry, aiming to attract and retain experienced board members by aligning their interests with long-term company value.
Related Party Transactions
- Acquisition of 955 RSUs by Director Trevor Fetter in lieu of retainer fees under the Issuer's Non-Employee Director Compensation Program.
Stakeholder Impact
- Shareholders: The issuance of RSUs aligns director compensation with shareholder interests, potentially encouraging long-term value creation.
- Employees: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Next Steps
- Settlement of the acquired RSUs according to the terms of the Non-Employee Director Compensation Program.
Key Dates
| Date | Description |
|---|---|
| 04/05/2026 | Date of earliest transaction reported; acquisition of RSUs. |
| 04/07/2026 | Date of signature for the filing. |
Keywords
Omada Health, OMDA, Form 4, Director Compensation, Restricted Stock Units, Common Stock, Beneficial Ownership, Insider Trading
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