Outset Medical (OM) insider sell-to-cover 224 shares for taxes reported
Rhea-AI Filing Summary
Outset Medical, Inc. reported that its General Counsel, John L. Brottem, sold 224 shares of common stock on 01/07/2026 at a price of $4.27 per share. After this transaction, he beneficially owned 46,271 shares directly.
The filing explains that the sale was a required "sell to cover" transaction to satisfy tax withholding obligations tied to 447 shares of common stock underlying performance stock units that had been earned and vested, and it did not represent a discretionary trade by Brottem.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 224 | $4.27 | $956.48 |
Footnotes (1)
- F1. Required number of shares sold by the reporting person to cover tax withholding obligations in connection with 447 shares of Common Stock underlying PSUs (i) which were, as previously reported, originally earned based on the achievement of applicable performance criteria as of December 31, 2024 or January 6, 2025, as applicable, as certified by the Compensation Committee of the Issuer's Board of Directors on January 17, 2025 and (ii) vested and were released on January 6, 2025. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
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FAQ
What insider transaction did Outset Medical (OM) report in this Form 4?
Outset Medical (OM) reported that General Counsel John L. Brottem sold 224 shares of common stock on 01/07/2026 at $4.27 per share and held 46,271 shares afterward.
Who is the reporting person in Outset Medical (OM)'s latest Form 4?
The reporting person is John L. Brottem, who serves as General Counsel of Outset Medical, Inc.
Was the Outset Medical (OM) insider stock sale a discretionary trade?
No. The filing states the sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade by John L. Brottem.