OmniAb CFO Sells Over $10,000 in Shares

Kurt Gustafson offloads 6,913 shares to cover tax obligations related to equity awards

Apr. 8, 2026 at 2:13am

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OmniAb, Inc. (NASDAQ:OABI) Chief Financial Officer Kurt Gustafson sold 6,913 shares of the company's stock on Tuesday, April 7th. The shares were sold at an average price of $1.49, resulting in a total transaction of $10,300.37. Following the sale, Gustafson directly owns 261,483 shares in the company, valued at $389,609.67.

Why it matters

The sale represents a 2.58% decrease in Gustafson's ownership stake in OmniAb. Insider transactions like this can provide insight into a company's financial health and management's confidence in the business.

The details

Gustafson's share sale was made to cover tax withholding obligations related to the vesting of his equity awards. The transaction was disclosed in a filing with the Securities and Exchange Commission.

  • The share sale occurred on Tuesday, April 7th, 2026.

The players

Kurt Gustafson

The Chief Financial Officer of OmniAb, Inc.

OmniAb, Inc.

A biotechnology company specializing in the discovery and development of therapeutic antibodies.

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The takeaway

This transaction highlights the ongoing equity-based compensation structure for OmniAb's executive team and the need for them to periodically sell shares to cover tax obligations. While the sale represents a small decrease in Gustafson's ownership, it does not necessarily indicate any broader concerns about the company's performance or outlook.