Omada Health President Wei-Li Shao Sells Shares Worth $236,000
On August 12, 2026, Wei-Li Shao, the president of Omada Health (NASDAQ: OMDA), sold 9,418 shares for a total value of approximately $236,000. The transaction was conducted under a Rule 10b5-1 trading plan established on March 13, 2026, which allows insiders to sell stock in accordance with pre-set conditions without implying insider knowledge. Following the sale, Shao still holds over 307,000 shares directly valued at around $7 million as of September 4, 2026. Omada Health's share price had increased by 24% over the previous year and was up 35.4% in 2026 through that date. Omada Health operates a virtual care platform targeting chronic conditions such as prediabetes and hypertension. The company reported trailing twelve-month revenue of $309.8 million with net income of $4.3 million, employing around 946 people.
Tickers: $OMDA
Topics: Omada Health SEC Form 4 filing stock sale