Form 4: Ooma Inc. CFO Shigeyuki Hamamatsu Reports Stock Transaction

Ooma Inc.'s CFO, Shigeyuki Hamamatsu, reported a transaction involving common stock on March 1, 2024, to cover withholding tax liability upon vesting of restricted stock units.

Summary

• On March 1, 2024, Shigeyuki Hamamatsu, CFO of Ooma Inc., reported a transaction involving the company's common stock.
• The transaction involved the disposition of 726 shares at a price of $10.04 per share.
• These shares were used to cover the withholding tax liability upon the vesting of restricted stock units.
• Following the transaction, Hamamatsu directly owns 151,941 shares of Ooma Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a routine 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 filing indicates a standard transaction related to tax obligations upon vesting of stock units.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates