Form 4: Ooma CFO Shigeyuki Hamamatsu Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Ooma's Chief Financial Officer, Shigeyuki Hamamatsu, reported disposing of shares to cover withholding tax obligations upon the vesting of restricted stock units.
Summary
- On June 15, 2024, Shigeyuki Hamamatsu, the Chief Financial Officer of Ooma Inc., disposed of 3,902 shares of common stock to cover withholding tax liabilities.
- The transaction was executed at a price of $8.6 per share.
- Following the transaction, Hamamatsu directly owns 210,805 shares of Ooma Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 06/18/2024 | Date of signature for the SEC filing. |
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