[Form 4] Outset Medical, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Outset Medical, Inc. director and Chair and CEO Leslie Trigg reported an open-market sale of 3,445 shares of Common Stock at $3.70 per share. According to the footnotes, this was a required sale to cover tax withholding obligations tied to the vesting of 9,319 RSU-based shares and did not represent a discretionary trade.
After the sale, Trigg held 98,874 Common Stock shares directly, along with 584 shares held indirectly through the Trigg Family Trust and 41,666 shares held indirectly through the Trigg 2002 Rev Trust, all as of May 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,445 shares ($12,747)
Net Sell
3 txns
Insider
Trigg Leslie
Role
Chair and CEO
Sold
3,445 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,445 | $3.70 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 98,874 shares (Direct, null);
Common Stock — 41,666 shares (Indirect, Trigg 2002 Rev Trust)
Footnotes (1)
- Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of an aggregate of 9,319 shares of Common Stock underlying RSUs granted to the reporting person on January 12, 2024 and June 10, 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. This balance reflects a correction to the number of shares of Common Stock sold by the reporting person to satisfy tax withholding obligations as previously reported on a Form 4 filed on February 19, 2026. Due to an administrative error, the prior Form 4 reported the sale of 3,361 shares instead of the correct number, 3,384 shares.
Key Figures
Shares sold: 3,445 shares
Sale price: $3.70 per share
Direct holdings after transaction: 98,874 shares
+3 more
6 metrics
Shares sold
3,445 shares
Open-market sale on May 15, 2026
Sale price
$3.70 per share
Price for Common Stock sold
Direct holdings after transaction
98,874 shares
Common Stock held directly after sale
Trigg Family Trust holdings
584 shares
Indirect ownership via Trigg Family Trust
Trigg 2002 Rev Trust holdings
41,666 shares
Indirect ownership via Trigg 2002 Rev Trust
RSU-related vested shares
9,319 shares
Common Stock underlying RSUs vesting tied to tax sale
Key Terms
RSUs, sell to cover, tax withholding obligations, indirect ownership
4 terms
RSUs financial
"shares of Common Stock underlying RSUs granted to the reporting person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
sell to cover financial
"sale was made to satisfy tax withholding obligations through a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"Required number of shares sold by the reporting person to cover tax withholding obligations"
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "Trigg Family Trust""
FAQ
What insider transaction did Outset Medical (OM) report for Leslie Trigg?
Outset Medical reported that Chair and CEO Leslie Trigg sold 3,445 shares of Common Stock at $3.70 per share. The filing states this was to cover tax withholding tied to recently vested RSU shares, rather than a discretionary trade.
What RSU vesting is referenced in Leslie Trigg’s Outset Medical (OM) Form 4?
The footnotes state the tax-related sale was connected to vesting of an aggregate 9,319 shares of Common Stock from RSUs granted on January 12, 2024 and June 10, 2025. These RSUs triggered tax obligations satisfied via the sell-to-cover transaction.
Does the Outset Medical (OM) Form 4 indicate a discretionary sale by Leslie Trigg?
The Form 4 explicitly notes the transaction does not represent a discretionary trade by Leslie Trigg. It describes the sale as required to satisfy tax withholding obligations through a “sell to cover” linked to RSU vesting.
What indirect Outset Medical (OM) holdings are reported for Leslie Trigg?
The filing shows indirect ownership of 584 shares of Common Stock held by the Trigg Family Trust and 41,666 shares held by the Trigg 2002 Rev Trust. Both positions are reported as of May 15, 2026.