Form 4: Ooma CEO Eric Stang Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Eric Stang, CEO and President of Ooma Inc., reports a transaction involving common stock and adjustments to previously reported holdings.
Summary
- Eric Stang, the CEO and President of Ooma Inc., filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of Ooma's common stock.
- On March 1, 2025, 11,523 shares were disposed of to cover withholding tax liabilities upon vesting of restricted stock units at a price of $14.38.
- Following the transaction, Stang directly owns 481,426 shares.
- The report also corrects a previous error in Form 4s filed in December 2024, adjusting the number of indirectly held shares.
- Stang indirectly owns 1,247,724 shares through the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard insider trading reporting requirements. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/02/2004 | Date of the Eric Stang & Pamela Stang TR UA Stang Family Trust |
| 03/01/2025 | Date of transaction involving disposal of shares for tax liabilities. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.