Form 4: Ooma CFO Shigeyuki Hamamatsu Reports Stock Transaction
SEC Form 4 Filing
Ooma's Chief Financial Officer, Shigeyuki Hamamatsu, reports a transaction involving the disposal of shares to cover withholding tax liability upon vesting of restricted stock units.
Summary
- On March 15, 2024, Shigeyuki Hamamatsu, the CFO of Ooma Inc., disposed of 2,076 shares of common stock to cover withholding tax obligations.
- The shares were disposed of at a price of $8.65 per share.
- Following the transaction, Hamamatsu directly owns 147,427 shares of Ooma Inc.
- The transaction was related to the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction (disposal of shares). |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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