Form 4: Ooma Director William D. Pearce Sells 3,700 Shares

Ooma director William D. Pearce sold 3,700 shares of common stock at an average price of $15.5437 on December 10, 2024.

Summary

• William D. Pearce, a director at Ooma Inc., sold 3,700 shares of common stock on December 10, 2024.
• The sale was executed at a weighted average price of $15.5437 per share.
• The price range for the shares sold was between $15.5347 and $15.555.
• Following the transaction, Pearce directly owns 163,353 shares of Ooma stock.
• The total shares reported has been adjusted for 77 shares inadvertently over reported on a Form 4 filed on June 7, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. There is no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect.

Key Dates

Keywords

Ooma, insider trading, stock sale, William D. Pearce, Form 4, director