Outset Medical (OM) CEO logs 3,437-share tax sale
Rhea-AI Filing Summary
Outset Medical, Inc. (OM) reported that Chair and CEO Leslie Trigg sold 3,437 shares of Common Stock on August 17, 2026 at $4.39 per share. According to the disclosure, this was a mandatory “sell to cover” transaction to satisfy tax withholding obligations on the vesting of 9,319 RSU-based shares, and is described as not a discretionary trade. Following the sale, Trigg held 194,597 shares directly, plus indirect holdings of 41,666 shares through the Trigg 2002 Rev Trust and 584 shares through the Trigg Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,437 shares
Net Sell
3 txns
Insider
Trigg Leslie
Role
Chair and CEO
Sold
3,437 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,437 | $4.39 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 194,597 shares (Direct);
Common Stock — 41,666 shares (Indirect, Trigg 2002 Rev Trust);
Common Stock — 584 shares (Indirect, Trigg Family Trust)
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 9,319 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.
Key Figures
Shares sold: 3,437 shares
Sale price per share: $4.39
Direct holdings after transaction: 194,597 shares
+3 more
6 metrics
Shares sold
3,437 shares
Common Stock sold on August 17, 2026 to cover tax withholding
Sale price per share
$4.39
Price per share for the 3,437 shares of Common Stock sold
Direct holdings after transaction
194,597 shares
Shares of Outset Medical Common Stock held directly by Leslie Trigg after the sale
Indirect holdings (Trigg 2002 Rev Trust)
41,666 shares
Common Stock held indirectly via the Trigg 2002 Rev Trust after the reported date
Indirect holdings (Trigg Family Trust)
584 shares
Common Stock held indirectly via the Trigg Family Trust after the reported date
RSU shares vesting
9,319 shares
Aggregate Common Stock underlying RSUs whose vesting triggered tax withholding sale
Key Terms
sell to cover, tax withholding obligations, RSUs
3 terms
sell to cover financial
"This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction"
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
"Required number of shares sold by the reporting person to cover tax withholding obligations"
RSUs financial
"underlying RSUs granted to the reporting person on January 12, 2024 and 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.
FAQ
What insider transaction did Outset Medical (OM) report for Leslie Trigg?
Outset Medical reported that Chair and CEO Leslie Trigg sold 3,437 shares of Common Stock on August 17, 2026 at $4.39 per share to cover tax withholding obligations on vested RSUs.
Is the reported OM insider transaction under a Rule 10b5-1 trading plan?
The document-level indicator shows the Rule 10b5-1 checkbox is not affirmed. The footnote instead characterizes the sale as a tax-related “sell to cover” transaction rather than a discretionary or plan-based trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
