Form 4: Ooma SVP of Marketing, James A. Gustke, Reports Tax Withholding Transaction
SEC Form 4 Filing
James A. Gustke, SVP of Marketing at Ooma, Inc., reports the disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 1, 2024, James A. Gustke, SVP of Marketing at Ooma, Inc., disposed of 1,252 shares of common stock to cover withholding tax liability.
- The shares were disposed of at a price of $10.04 per share.
- Following the transaction, Gustke directly owns 153,113 shares of Ooma common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions for tax purposes, indicating a neutral 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 tax withholding procedure related to vested stock units, which is a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock transaction by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Disposition of shares for tax withholding. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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