Form 4: Ooma Chief Accounting Officer Disposes of Shares for Tax Withholding

Ooma's Chief Accounting Officer, Namrata Sabharwal, disposed of 361 shares of common stock at $12.21 per share to cover tax liabilities upon the vesting of restricted stock units.

Summary

• Namrata Sabharwal, the Chief Accounting Officer of OOMA INC, reported a transaction on June 15, 2025.
• The transaction involved the disposition of 361 shares of OOMA common stock.
• These shares were disposed of at a price of $12.21 per share.
• The disposition was specifically for the purpose of paying withholding tax liability upon the vesting of restricted stock units.
• Following this transaction, Ms. Sabharwal beneficially owns 65,574 shares of OOMA common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding upon RSU vesting, which is a neutral event from an investment sentiment perspective. It does not indicate a change in management's outlook on the company.

Positives

• The transaction is a non-discretionary 'sell to cover' for tax purposes, indicating the vesting of restricted stock units, which is a form of compensation.
• The officer retains a significant beneficial ownership of 65,574 shares after the transaction, demonstrating continued alignment with shareholder interests.

Negatives

• The disposition of shares, even for tax purposes, reduces the officer's direct ownership in the company.

Future Outlook

Not applicable. This filing reports a past transaction and does not contain forward-looking statements or guidance.

Industry Context

Not applicable. This filing is specific to an individual's stock transaction and does not provide industry-wide context.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related transaction, not a discretionary sale signaling a change in confidence.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

OOMA, Form 4, insider transaction, stock sale, restricted stock units, tax withholding, Namrata Sabharwal, Chief Accounting Officer, beneficial ownership