Outset Medical counsel sells shares for tax withholding
Outset Medical, Inc. reported that its General Counsel, John L. Brottem, sold 2,842 shares of Common Stock at $3.35 per share in an open-market transaction.
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Rhea-AI Filing Summary
Outset Medical, Inc. reported that its General Counsel, John L. Brottem, sold 2,842 shares of Common Stock at $3.35 per share in an open-market transaction. According to the footnote, this was a required “sell to cover” sale to satisfy tax withholding on 5,032 vesting RSU shares and was not a discretionary trade. Following the transaction, he directly owned 32,935 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,842 | $3.35 | $10K |
Footnotes (1)
- F1. Required number of shares sold by the reporting person to cover partial tax withholding obligations in connection with the vesting of an aggregate of 5,032 shares of Common Stock underlying RSUs granted to the reporting person on 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Outset Medical (OM) insider John L. Brottem’s Form 4 report?
What RSU vesting triggered the tax-withholding sale reported for Outset Medical (OM)?
Was the Outset Medical (OM) insider sale a discretionary trade by the General Counsel?
AI-generated analysis. How Rhea-AI works. Not financial advice.