Omada Health President Wei-Li Shao Sells Shares Worth $236,000
Wei-Li Shao, President of Omada Health (NASDAQ:OMDA), sold 9,418 shares on August 12, 2026, for a total value of approximately $236,000. The transaction was conducted under a Rule 10b5-1 trading plan established in March 2026, which allows insiders to sell stock without the appearance of insider knowledge influencing timing. Following this sale, Shao still holds over 307,000 shares directly valued at around $7 million as of September 4, 2026. The company reported trailing twelve-month revenue of $309.8 million and net income of $4.3 million with a market capitalization of $1.3 billion. The stock had appreciated by 24% over the previous year at the time of sale, indicating strong performance in line with Omada Health’s growth trajectory.
Tickers: $OMDA
Topics: Omada Health Rule 10b5-1 trading plan SEC Form 4 share sale