Outset Medical (OM) director receives 10,667-share RSU-based award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANG BRENT D. reported acquisition or exercise transactions in this Form 4 filing.
Outset Medical, Inc. director Brent D. Lang received a grant of 10,667 shares of Common Stock as a stock award at a stated price of $0.0000 per share. These shares represent the underlying restricted stock units.
According to the terms, 100% of the shares underlying these RSUs will vest upon the earlier of the one-year anniversary of the grant date or the company’s next Annual Meeting of Stockholders. Following this award, Lang holds 28,518 shares directly and 16,666 shares indirectly through the Lang Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LANG BRENT D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,518 shares (Direct, null);
Common Stock — 16,666 shares (Indirect, Lang Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 10,667 shares
Award price per share: $0.0000 per share
Direct holdings after grant: 28,518 shares
+1 more
4 metrics
Stock award size
10,667 shares
Common Stock grant coded as award (A)
Award price per share
$0.0000 per share
Compensation-related grant, not open-market purchase
Direct holdings after grant
28,518 shares
Common Stock held directly following the award
Indirect holdings via trust
16,666 shares
Common Stock held indirectly through Lang Family Trust
Key Terms
RSUs, grant/award acquisition, Lang Family Trust, Common Stock
4 terms
RSUs financial
"100% of the shares underlying these RSUs will vest upon the earlier of..."
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Lang Family Trust financial
"nature_of_ownership": "Lang Family Trust""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Outset Medical (OM) report for Brent D. Lang?
Outset Medical reported that director Brent D. Lang received a stock award of 10,667 shares of Common Stock. The award was recorded at a price of $0.0000 per share, indicating compensation rather than an open-market purchase.
What are the vesting terms of Brent D. Lang’s 10,667 Outset Medical RSUs?
All 10,667 RSUs granted to Brent D. Lang will vest 100% on the earlier of the one-year anniversary of the grant date or the date of Outset Medical’s next Annual Meeting of Stockholders, according to the footnote disclosure.
How are Brent D. Lang’s indirect Outset Medical (OM) holdings structured?
The Form 4 shows 16,666 shares of Outset Medical Common Stock held indirectly by the Lang Family Trust. These shares are reported as indirect ownership, separate from his 28,518 directly held shares.