Ooma (NYSE: OOMA) CAO logs tax withholding and ESPP share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ooma Inc.'s Chief Accounting Officer, Namrata Sabharwal, reported routine share movements tied to compensation and employee programs. On March 15, 2026, 378 shares of common stock were delivered back to Ooma at $13.68 per share to cover withholding taxes upon restricted stock unit vesting. On the same date, she acquired 1,964 shares of common stock at $10.82 per share through Ooma's Employee Stock Purchase Plan. Following these transactions, she directly held 91,905 Ooma common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sabharwal Namrata
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 378 | $13.68 | $5K |
| Grant/Award | Common Stock | 1,964 | $10.82 | $21K |
Holdings After Transaction:
Common Stock — 89,941 shares (Direct)
Footnotes (1)
- Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units. Represents shares acquired under the Issuer's Employee Stock Purchase Plan.
FAQ
What insider transactions did Ooma (OOMA) disclose for Namrata Sabharwal?
Ooma reported that Chief Accounting Officer Namrata Sabharwal had 378 shares withheld for taxes upon RSU vesting and acquired 1,964 shares through the Employee Stock Purchase Plan, leaving her with 91,905 directly held common shares after these transactions.
What does the tax-withholding transaction in Ooma’s Form 4 represent?
The tax-withholding transaction reflects 378 Ooma shares delivered back to the company to pay withholding taxes due when restricted stock units vested. This is a standard, non-market mechanism for covering tax liabilities on equity compensation awards granted to executives.
How did Ooma’s Employee Stock Purchase Plan affect this Form 4 filing?
The Form 4 states that 1,964 Ooma common shares were acquired under the company’s Employee Stock Purchase Plan. This indicates the executive used the program to buy additional shares at the plan price, increasing her direct ownership stake in the company’s stock.