Outset Medical (OM) director receives 10,667-share equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GROSSMAN D KEITH reported acquisition or exercise transactions in this Form 4 filing.
Outset Medical, Inc. director D. Keith Grossman reported an equity award and updated holdings. He received a grant of 10,667 shares of Common Stock at $0.00 per share, described in the footnote as shares underlying RSUs that will vest 100% on the earlier of the one-year anniversary of the grant date or the company’s next Annual Meeting of Stockholders. Following the grant, he holds 24,585 shares directly and 12,845 shares indirectly through the Grossman Fam Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GROSSMAN D KEITH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,585 shares (Direct, null);
Common Stock — 12,845 shares (Indirect, Grossman Fam Trust)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 10,667 shares
Grant price: $0.00 per share
Direct holdings after grant: 24,585 shares
+1 more
4 metrics
Equity grant size
10,667 shares
Common Stock grant on 2026-06-04
Grant price
$0.00 per share
Compensation-related stock award
Direct holdings after grant
24,585 shares
Common Stock directly owned after transaction
Indirect holdings via trust
12,845 shares
Common Stock held through Grossman Fam Trust
Key Terms
RSUs, Annual Meeting of Stockholders, indirect, grant, award, or other acquisition
4 terms
RSUs financial
"100% of the shares underlying these RSUs will vest upon the earlier..."
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.
Annual Meeting of Stockholders financial
"the date of the Issuer's next Annual Meeting of Stockholders"
indirect financial
"total_shares_following_transaction ... ownership_type": "indirect""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Outset Medical (OM) director D. Keith Grossman report on this Form 4?
Director D. Keith Grossman reported receiving a grant of 10,667 shares of Outset Medical common stock. The award is compensation-related, not a market purchase, and updates his direct and indirect share holdings as of the transaction date.
What is the vesting schedule for the RSUs reported by Outset Medical (OM)?
The RSUs underlying the 10,667-share award vest 100% upon the earlier of the one-year anniversary of the grant date or the date of Outset Medical’s next Annual Meeting of Stockholders. This time-based vesting structure is detailed in the filing footnote.
Is the Outset Medical (OM) Form 4 a buy or sell transaction?
The Form 4 reflects an acquisition through a grant of 10,667 shares, not an open-market buy or sale. It is classified as a grant or award acquisition, with no reported sales or option exercises in the summarized transaction data.
What indirect ownership in Outset Medical (OM) is disclosed for the director?
The filing lists 12,845 shares of Outset Medical common stock as indirectly owned, with the nature of ownership described as “Grossman Fam Trust.” This indicates shares are held through that trust rather than directly in the director’s name.