Form 4: Ooma Inc. Executive Jenny C. Yeh Reports Stock Transaction
SEC Form 4 Filing
Jenny C. Yeh, SVP, General Counsel & Secretary of Ooma Inc., reports disposition of shares to cover withholding tax liability upon vesting of restricted stock units.
Summary
- On June 15, 2024, Jenny C. Yeh, SVP, General Counsel & Secretary of Ooma Inc., disposed of 1,450 shares of Common Stock.
- The shares were disposed of to cover the withholding tax liability upon the vesting of restricted stock units.
- The transaction was executed at a price of $8.6 per share.
- Following the transaction, Yeh directly owns 151,105 shares of Ooma Inc. Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to insider transactions, specifically the disposition of shares to cover tax obligations upon vesting of restricted stock units. It's a common practice and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of stock transaction |
| 06/18/2024 | Date of signature |
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