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 March 1, 2024, Jenny C. Yeh, SVP, General Counsel & Secretary of Ooma Inc., reported a transaction involving Ooma's common stock.
- The transaction involved the disposition of 1,395 shares to cover withholding tax liability upon the vesting of restricted stock units.
- The price per share was $10.04.
- Following the transaction, Yeh directly owns 101,455 shares of Ooma Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so it doesn't significantly impact the overall sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Disposition of shares to cover withholding tax liability. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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