4/A: Omada Health Insider Trades Correction

Omada Health's Chief Accounting Officer, Craig Gracey, filed a Form 4/A to correct an omitted stock option exercise, adjusting beneficial ownership figures.

Summary

• This filing is an amendment (Form 4/A) to a previously filed Form 4.
• It corrects an inadvertent omission of a stock option exercise transaction by Craig Gracey, Chief Accounting Officer.
• The corrected transaction involved the exercise of stock options and a subsequent sale of common stock.
• The exercise occurred on June 22, 2026, with 2,083 shares exercised at a price of $6.57 per share.
• The sale of 2,083 shares occurred on the same day at $18 per share.
• Following these transactions, Craig Gracey beneficially owns 15,441 shares of Omada Health common stock.
• The original filing understated the beneficial ownership due to the omission of the exercise.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a procedural correction of a prior filing and does not introduce new financial performance information or strategic shifts.

Positives

• The company is correcting an administrative error, demonstrating a commitment to accurate reporting.
• The transaction was part of a pre-planned 10b5-1 trading plan, indicating structured and compliant insider trading activity.
• The sale price of $18 per share is significantly higher than the exercise price of $6.57 per share, indicating a profitable transaction for the insider.

Negatives

• An omission in the original filing required an amendment, suggesting a minor internal process oversight.

Risks

• Potential for scrutiny regarding the accuracy and completeness of SEC filings, although this is a correction of an omission.
• The stock option exercise and sale could be interpreted in various ways by the market, though it was part of a 10b5-1 plan.

Future Outlook

No specific future outlook or guidance is provided in this Form 4/A filing, as it pertains to past transactions and ownership adjustments.

Management Comments

• "This Form 4/A restates in its entirety the original Form 4 filed on 6/24/2026 to report exercise transaction that was inadvertently omitted from the original filing."
• "The exercise reported herein was part of a same-day exercise-and-sale transaction, and the corresponding sale was timely reported in the original Form 4."
• "Due to the omission of this exercise transaction, the amount of securities beneficially owned following the sale was understated."
• "The amount of securities beneficially owned has been adjusted in Box 5 of Table I of this Form 4/A to correct the aforementioned error."
• "25% of the shares subject to the option vested on the first anniversary measured from September 9, 2024 (the 'Vesting Commencement Date'), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date."

Industry Context

StockSavvy.ai notes that Form 4/A filings are common for correcting administrative errors in reporting insider transactions. The use of a 10b5-1 plan by Omada Health's Chief Accounting Officer is a standard practice for executives to trade company stock in a pre-determined, compliant manner, mitigating concerns about insider trading.

Stakeholder Impact

• Shareholders: The correction clarifies beneficial ownership, providing a more accurate picture of insider holdings. The profitable nature of the transaction (sale price > exercise price) is a positive indicator for the insider's confidence in the stock's value at the time of the transaction.

Next Steps

• Ensure all future SEC filings are accurate and complete to avoid further amendments.

Key Dates

Keywords

Omada Health, OMDA, Form 4/A, Insider Trading, Stock Options, Beneficial Ownership, SEC Filing, Craig Gracey, 10b5-1 Plan