Form 4: Ooma Inc. Executive Namrata Sabharwal Reports Stock Transaction
SEC Form 4 Filing
Namrata Sabharwal, Chief Accounting Officer of Ooma Inc., reports disposition of shares to cover withholding tax liability upon vesting of restricted stock units.
Summary
- On June 8, 2024, Namrata Sabharwal, Chief Accounting Officer of Ooma Inc., reported a transaction involving the disposition of 146 shares of common stock.
- The shares were disposed of to cover withholding tax liability upon the vesting of restricted stock units.
- The price per share was $8.63.
- Following the transaction, Sabharwal directly owns 55,848 shares of Ooma Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a standard stock transaction for tax purposes. It doesn't inherently indicate positive or negative 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 awards.
Key Dates
| Date | Description |
|---|---|
| 06/08/2024 | Date of stock transaction |
| 06/10/2024 | Date of signature on the Form 4 filing |
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