Form 4: Ooma Inc. Executive Namrata Sabharwal Reports Stock Transaction
SEC Form 4 Filing
Namrata Sabharwal, Chief Accounting Officer of Ooma Inc., reports a transaction involving common stock to cover withholding tax liability upon vesting of restricted stock units.
Summary
- On March 1, 2024, Namrata Sabharwal, Chief Accounting Officer of Ooma Inc., engaged in a transaction involving the company's common stock.
- A total of 366 shares were disposed of to cover withholding tax liability upon the vesting of restricted stock units.
- The transaction price was $10.04 per share.
- Following the transaction, Sabharwal directly owns 34,582 shares of Ooma Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares to cover tax liability). |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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