Form 4: OmniAb Executive VP Kurt Gustafson Reports Stock Transactions

Executive VP and CFO of OmniAb, Kurt Gustafson, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On April 7, 2025, Kurt Gustafson, Executive VP and CFO of OmniAb, Inc., reported transactions involving the company's common stock.
• These transactions included the vesting of 13,542 Restricted Stock Units (RSUs) and the sale of 7,206 shares to cover tax withholding obligations.
• The vesting of the RSUs occurred in connection with a grant that vests in three substantially equal annual installments beginning on April 7, 2024.
• The sale of shares was mandated by OmniAb's equity incentive plans to cover tax obligations and does not represent discretionary trades by Gustafson.
• The shares were sold at prices ranging from $1.91 to $2.08, resulting in a weighted average price of $2 per share.
• Following these transactions, Gustafson beneficially owns 223,828 shares of OmniAb common stock directly and 143,376 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but the impact is likely minimal given the relatively small volume of shares sold.

Key Dates

Keywords

OmniAb, Kurt Gustafson, Form 4, Executive VP, CFO, Stock Transactions, Restricted Stock Units, RSU, Vesting, Sell-to-Cover, Tax Withholding, Beneficial Ownership