Outset Medical CEO granted 99,160 RSUs
Trigg Leslie reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Trigg Leslie reported acquisition or exercise transactions in this Form 4 filing.
Outset Medical, Inc. Chair and CEO Leslie Trigg received a grant of 99,160 restricted stock units (RSUs) of common stock as equity compensation. Each RSU represents the right to receive one share of common stock if vesting conditions are met.
The RSUs vest 33.33% on June 26, 2027, with the remaining 66.67% vesting in equal quarterly installments over the following two years on February 15, May 15, August 15, and November 15, subject to continued service. After this grant, Trigg holds 198,034 shares directly, plus indirect holdings of 584 shares via the Trigg Family Trust and 41,666 shares via the Trigg 2002 Rev Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 99,160 shares
Grant/Award
3 txns
Insider
Trigg Leslie
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 99,160 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 198,034 shares (Direct);
Common Stock — 41,666 shares (Indirect, Trigg 2002 Rev Trust);
Common Stock — 584 shares (Indirect, Trigg Family Trust)
Footnotes (1)
- F1. Represents restricted stock units ("RSU") granted to the reporting person on June 26, 2026. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 33.33% on June 26, 2027, and the remaining 66.67% shall vest in equal installments over the course of the following two years on a quarterly basis on February 15th, May 15th, August 15th and November 15th, subject to the reporting person's continuous service through the applicable vesting date.
Key Figures
RSU grant size: 99,160 RSUs
Direct shares after grant: 198,034 shares
Indirect shares – Trigg Family Trust: 584 shares
+4 more
7 metrics
RSU grant size
99,160 RSUs
Granted on June 26, 2026 to CEO Leslie Trigg
Direct shares after grant
198,034 shares
Common stock directly held following RSU award
Indirect shares – Trigg Family Trust
584 shares
Common stock held indirectly via Trigg Family Trust
Indirect shares – Trigg 2002 Rev Trust
41,666 shares
Common stock held indirectly via Trigg 2002 Rev Trust
RSU grant price
$0.00 per unit
Stated price per RSU in the award
Initial vesting tranche
33.33% on June 26, 2027
First RSU vesting date and portion
Remaining vesting
66.67% over two years
Quarterly vesting on Feb 15, May 15, Aug 15, Nov 15
Key Terms
restricted stock units ("RSU"), vest, continuous service
3 terms
restricted stock units ("RSU") financial
"Represents restricted stock units ("RSU") granted to the reporting person on June 26, 2026."
vest financial
"These RSUs shall vest 33.33% on June 26, 2027, and the remaining 66.67% shall vest in equal installments..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"...on a quarterly basis on February 15th, May 15th, August 15th and November 15th, subject to the reporting person's continuous service..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Outset Medical (OM) disclose in this Form 4 for Leslie Trigg?
Outset Medical reported that Chair and CEO Leslie Trigg received 99,160 restricted stock units of common stock. These equity awards are compensation-related and will convert into shares only as they vest over time, subject to her continued service with the company.
How many Outset Medical RSUs were granted to CEO Leslie Trigg?
Leslie Trigg was granted 99,160 restricted stock units of Outset Medical common stock. Each RSU equals one share upon vesting, providing a meaningful equity-based incentive that ties her compensation to the company’s long-term share performance and retention conditions.
What is the vesting schedule for Leslie Trigg’s new Outset Medical RSUs?
The RSUs vest 33.33% on June 26, 2027, with the remaining 66.67% vesting in equal quarterly installments over the next two years. Vesting dates fall on February 15, May 15, August 15, and November 15, contingent on her continuous service.
Are Leslie Trigg’s new Outset Medical RSUs an immediate cash transaction?
No, the RSUs were granted at a stated price of $0.00 per unit and do not involve an immediate cash purchase. They represent contingent rights to receive shares in the future as vesting milestones are met under the award terms.
What conditions apply to vesting of Leslie Trigg’s Outset Medical RSUs?
Vesting of the RSUs is conditioned on Leslie Trigg’s continuous service with Outset Medical through each applicable vesting date. If she remains in service, portions of the award convert into common shares on the scheduled vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
