Form 4: Ooma CFO Shigeyuki Hamamatsu Reports Stock Transaction

Ooma's Chief Financial Officer, Shigeyuki Hamamatsu, reports a transaction involving common stock to cover withholding tax liability upon vesting of restricted stock units.

Summary

• On March 8, 2024, Shigeyuki Hamamatsu, the CFO of Ooma, Inc., engaged in a transaction involving Ooma's common stock.
• The transaction involved the disposition of 2,438 shares at a price of $9.34.
• These shares were delivered to the issuer, Ooma, Inc., to cover the withholding tax liability upon the vesting of restricted stock units.
• Following the transaction, Hamamatsu directly owns 149,503 shares of Ooma's common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, like the CFO, engages in transactions involving the company's stock. It provides transparency to investors about the trading activities of key personnel.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates