Form 4: Ooma Inc. Executive Jenny C. Yeh Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Jenny C. Yeh, SVP, General Counsel & Secretary of Ooma Inc., reports disposition of shares to cover withholding tax obligations upon vesting of restricted stock units.
Summary
- On March 8, 2024, Jenny C. Yeh, SVP, General Counsel & Secretary of Ooma Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 1,102 shares to cover withholding tax liability upon the vesting of restricted stock units.
- The shares were disposed of at a price of $9.34 per share.
- Following the transaction, Yeh directly owns 100,353 shares of Ooma Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
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 |
|---|---|
| 03/08/2024 | Date of stock transaction (disposition of shares). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.