Form 4: Ooma Director Susan Butenhoff Sells Shares
SEC Form 4 Filing
Director Susan Butenhoff sold 10,912 shares of Ooma Inc. common stock at an average price of $15.251 on December 9, 2024.
Summary
- On December 9, 2024, Susan Butenhoff, a director of Ooma Inc., sold 10,912 shares of common stock.
- The sale was executed at a weighted average price of $15.251 per share.
- The price range for the shares sold was between $15.22 and $15.38.
- Following the transaction, Butenhoff directly owns 97,184 shares of Ooma Inc.
- The total shares reported has been adjusted for 77 shares inadvertently overreported on a Form 4 filed on June 7, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't contain any information that would significantly impact sentiment positively or negatively.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to periodically buy or sell shares of their company's stock. The reasons for these transactions are varied and not always indicative of the company's performance.
Stakeholder Impact
- The stock sale by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of a previous Form 4 filing that inadvertently overreported shares by 77. |
| 12/09/2024 | Date of the stock sale transaction. |
| 04/21/2025 | Date of signature on the report. |
Keywords
Ooma Inc, Susan Butenhoff, stock sale, director, Form 4, insider trading
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