Outset Medical (NASDAQ: OM) CFO sells shares to cover RSU tax bill
Rhea-AI Filing Summary
Outset Medical, Inc. (OM) reported that its Chief Financial Officer, Renee Gaeta, sold 4,543 shares of common stock on August 17, 2026 at $4.39 per share. After this transaction, Gaeta directly holds 180,840 shares. According to the company’s disclosure, the shares were sold in a “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting of 12,322 RSU-based shares granted on June 10, 2025 and do not represent a discretionary trade.
Positive
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Negative
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Insider Trade Summary
Net Seller: 4,543 shares
Net Sell
1 txn
Insider
Gaeta Renee
Role
Chief Financial Officer
Sold
4,543 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,543 | $4.39 | $20K |
Holdings After Transaction:
Common Stock — 180,840 shares (Direct)
Footnotes (1)
- F1. Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of an aggregate of 12,322 shares of Common Stock underlying RSUs granted to the reporting person on 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.
Key Figures
Shares sold: 4,543 shares
Sale price: $4.39 per share
Shares held after transaction: 180,840 shares
+1 more
4 metrics
Shares sold
4,543 shares
Common stock sold by CFO Renee Gaeta on August 17, 2026
Sale price
$4.39 per share
Price for the 4,543 shares of OM common stock sold
Shares held after transaction
180,840 shares
Direct holdings of CFO Renee Gaeta following the sale
RSU vesting-related shares
12,322 shares
Common stock underlying RSUs whose vesting created the tax obligation
Key Terms
sell to cover, tax withholding obligations, RSUs, Rule 10b5-1
4 terms
sell to cover financial
"This sale was made to satisfy tax withholding obligations through a "sell to cover""
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
"shares sold by the reporting person to cover tax withholding obligations"
RSUs financial
"Common Stock underlying RSUs granted to the reporting person on June 10, 2025"
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.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Outset Medical (OM) disclose for CFO Renee Gaeta?
Outset Medical disclosed that CFO Renee Gaeta sold 4,543 shares of common stock on August 17, 2026 at $4.39 per share. The sale was solely to cover tax withholding obligations related to recently vested RSUs.
Was the recent OM insider sale by CFO Renee Gaeta a discretionary trade?
No. The company states the sale “does not represent a discretionary trade” by CFO Renee Gaeta. The 4,543 shares were sold solely in a “sell to cover” transaction to satisfy tax withholding obligations on vested RSUs.
Was the Outset Medical (OM) insider sale under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnote describes the sale as a sell-to-cover tax transaction, not as part of a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.