Form 4: OmniAb Chief Legal Officer Charles S. Berkman Reports Stock Transactions

Charles S. Berkman, Chief Legal Officer of OmniAb, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On April 7, 2025, Charles S. Berkman, Chief Legal Officer of OmniAb, Inc., reported transactions involving the company's common stock.
• 13,542 Restricted Stock Units (RSUs) vested, converting into common stock.
• Simultaneously, 7,206 shares were sold at an average price of $2 to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Berkman directly owns 363,212 shares of OmniAb, Inc.
• The vesting of the RSUs is part of a grant that vests in three substantially equal annual installments starting April 7, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral reporting of facts.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is standard practice for executives to sell shares to cover tax obligations when RSUs vest.

Stakeholder Impact

• The stock sale may have a minor, temporary impact on the stock price due to the increased selling volume.
• The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

OmniAb, Berkman, RSU, Stock Sale, Form 4, Beneficial Ownership, Chief Legal Officer, OABI, Vesting, Tax Withholding