Outset Medical (OM) EVP sells 1,582 shares in tax-related ‘sell to cover’
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Outset Medical, Inc. executive vice president Marc Nash reported an open-market sale of 1,582 shares of common stock at $3.70 per share. According to the footnote, this was a required “sell to cover” transaction to pay tax withholding on the vesting of 4,277 RSU shares and was not a discretionary trade. After the sale, Nash directly holds 38,393 shares of Outset Medical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,582 shares ($5,853)
Net Sell
1 txn
Insider
Nash Marc
Role
EVP Operations R&D & Service
Sold
1,582 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,582 | $3.70 | $6K |
Holdings After Transaction:
Common Stock — 38,393 shares (Direct, null)
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 4,277 shares of Common Stock underlying RSUs granted to the reporting person on July 24, 2023, 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 1,817 shares instead of the correct number, 1,830 shares.
Key Figures
Shares sold: 1,582 shares
Sale price: $3.70 per share
Shares held after: 38,393 shares
+2 more
5 metrics
Shares sold
1,582 shares
Open-market sale on May 15, 2026
Sale price
$3.70 per share
Price for 1,582 sold shares
Shares held after
38,393 shares
Direct holdings following the transaction
RSU shares vested
4,277 shares
Common stock underlying RSUs triggering tax sale
Corrected prior sale amount
1,830 shares
Previously misreported as 1,817 shares on Feb 19, 2026
Key Terms
sell to cover, RSUs, tax withholding obligations
3 terms
sell to cover financial
"This 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.
RSUs financial
"in connection with the vesting of an aggregate of 4,277 shares of Common Stock underlying RSUs granted"
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.
tax withholding obligations financial
"Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting"
FAQ
What did Outset Medical (OM) executive Marc Nash report in this Form 4?
Marc Nash reported selling 1,582 shares of Outset Medical common stock at $3.70 per share. The filing states this was a mandatory sale to cover tax withholding tied to recently vested RSU awards, not a discretionary market trade.
Does the Outset Medical (OM) Form 4 indicate Marc Nash made a discretionary stock trade?
No. The Form 4 explicitly notes the 1,582-share sale was a “sell to cover” transaction to pay tax withholding on vested RSUs. It states the transaction does not represent a discretionary trade by Marc Nash in Outset Medical stock.
What correction to a prior Form 4 does Outset Medical (OM) disclose for Marc Nash?
The filing notes a correction to a previously reported tax-withholding sale on a February 19, 2026 Form 4. An administrative error had shown 1,817 shares sold; the correct number for that earlier sale was 1,830 shares of common stock.