Outset Medical (OM) director receives 10,667-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Drexler Karen reported acquisition or exercise transactions in this Form 4 filing.
Outset Medical, Inc. director Karen Drexler reported an equity award of common stock as compensation. She received 10,667 shares at a price of $0.00 per share, reflecting a grant rather than an open-market purchase or sale.
According to the filing, 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 the grant, Drexler directly holds 21,317 shares of common stock and indirectly holds 2,083 shares through the Drexler Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Drexler Karen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,317 shares (Direct, null);
Common Stock — 2,083 shares (Indirect, Drexler Family Trust)
Footnotes (1)
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Key Figures
Stock grant size: 10,667 shares
Grant price: $0.00 per share
Direct holdings after grant: 21,317 shares
+1 more
4 metrics
Stock grant size
10,667 shares
Common stock grant to director at $0.00 per share
Grant price
$0.00 per share
Price per share for the equity award
Direct holdings after grant
21,317 shares
Common stock held directly by Karen Drexler after transaction
Indirect holdings after grant
2,083 shares
Common stock held indirectly via Drexler Family Trust
Key Terms
RSUs, Annual Meeting of Stockholders, Grant, award, or other acquisition, Drexler Family Trust
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 regulatory
"the date of the Issuer's next Annual Meeting of Stockholders"
Grant, award, or other acquisition financial
"transaction_code_description":"Grant, award, or other acquisition"
Drexler Family Trust financial
"nature_of_ownership":"Drexler Family Trust"
FAQ
What insider transaction did Outset Medical (OM) report for Karen Drexler?
Outset Medical reported that director Karen Drexler received a grant of 10,667 shares of common stock as compensation, at a price of $0.00 per share. This is an equity award, not an open-market stock purchase or sale.
What are the vesting terms of Karen Drexler’s new Outset Medical equity award?
All shares underlying the RSUs 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. Vesting determines when Drexler actually earns the shares free of restrictions.
What does transaction code “A” mean in this Outset Medical Form 4?
Transaction code “A” on the Outset Medical Form 4 indicates a grant, award, or other acquisition of common stock. In this case, it reflects a 10,667-share equity award to director Karen Drexler as part of her compensation, not a market trade.