Outset Medical (OM) GC sells shares in tax sell-to-cover trades
Rhea-AI Filing Summary
Outset Medical, Inc.'s General Counsel, John L. Brottem, reported automatic sales of company common stock to cover tax withholding on recently vested equity awards. On January 20, 2026, he sold 9,314 shares of common stock at $5.12 per share, leaving him with 36,957 shares beneficially owned. On January 21, 2026, he sold an additional 1,180 shares at $5.01 per share, resulting in 35,777 shares beneficially owned afterward.
The filing explains that these 10,494 shares were the required number sold to partially cover tax withholding tied to the vesting of 17,997 shares of common stock underlying RSUs granted to him on June 10, 2025. The sales were executed as a “sell to cover” transaction for tax purposes and are described as not discretionary trades by the reporting person.
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FAQ
What insider transaction did Outset Medical (OM) report in this Form 4?
The Form 4 reports that John L. Brottem, General Counsel of Outset Medical, Inc., sold shares of the company’s common stock on January 20 and 21, 2026 in connection with tax withholding on vested RSUs.
How many Outset Medical (OM) shares did John L. Brottem sell and at what prices?
He sold 9,314 shares of common stock on January 20, 2026 at $5.12 per share and 1,180 shares on January 21, 2026 at $5.01 per share.
Why did the Outset Medical (OM) General Counsel sell these shares?
The filing states the 10,494 shares sold were the required number to cover partial tax withholding obligations related to the vesting of 17,997 RSU-based shares. It describes the transactions as a “sell to cover” for taxes rather than discretionary trades.
How many Outset Medical (OM) shares does John L. Brottem own after these transactions?
Following the reported transactions, John L. Brottem beneficially owns 35,777 shares of Outset Medical, Inc. common stock in direct form.
What equity award vesting was tied to these Outset Medical (OM) share sales?
The tax-related sales were connected to the vesting of an aggregate of 17,997 shares of common stock underlying RSUs granted on June 10, 2025 to the reporting person.
Is this Outset Medical (OM) insider sale described as discretionary trading?
No. The explanation specifies that the 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.