Outset Medical insider tax sale: 388 shares sold, 46,495 remain
Rhea-AI Filing Summary
Outset Medical, Inc. reported an insider transaction by its General Counsel, John L. Brottem. On 11/17/2025, he sold 388 shares of common stock at $4.6 per share. The sale was required to cover tax withholding obligations tied to the vesting of 748 shares of common stock underlying restricted stock units granted on January 6, 2023 and January 12, 2024, and is described as a non-discretionary "sell to cover" transaction. After this trade, he directly holds 46,495 shares of Outset Medical common stock.
Positive
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Negative
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FAQ
What insider transaction did Outset Medical (OM) report in this Form 4?
The Form 4 reports that General Counsel John L. Brottem sold 388 shares of Outset Medical common stock on 11/17/2025 at a price of $4.6 per share.
Why did Outset Medical executive John L. Brottem sell 388 OM shares?
The sale of 388 shares was required to cover tax withholding obligations arising from the vesting of 748 RSU-based shares, executed as a non-discretionary "sell to cover" transaction.
How many Outset Medical (OM) shares does John L. Brottem own after the Form 4 trade?
Following the reported transaction, John L. Brottem beneficially owns 46,495 shares of Outset Medical common stock in direct ownership.
What equity awards were involved in this Outset Medical Form 4 transaction?
The tax-related sale is linked to the vesting of an aggregate of 748 shares of common stock underlying RSUs granted to John L. Brottem on January 6, 2023 and January 12, 2024.
Is the Form 4 sale by Outset Medical's General Counsel considered discretionary trading?
No. The filing states the sale "does not represent a discretionary trade" and was executed solely to satisfy tax withholding through a "sell to cover" transaction.
What is the role of the reporting person in this Outset Medical (OM) Form 4?
The reporting person, John L. Brottem, is an officer of Outset Medical, serving as its General Counsel, and filed the Form 4 as an individual reporting person.