STOCK TITAN

Mark Frichtl (OUST) reports 10b5-1 sales, exercises 50,063 options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Mark Frichtl reported multiple sales and an option exercise of Common Stock. The filing lists numerous 10b5-1 sales between 03/12/2026 and 05/15/2026, and an Exercise of Stock Options for 50,063 shares dated 05/22/2026. The record also lists Founders Shares dated 09/03/2015 totaling 65,621 shares.

The transactions are reported as sales under an established plan and an option exercise; cash proceeds are shown for individual sale rows. The filing supplies trade dates, share counts, and dollar amounts for each listed sale.

Positive

  • None.

Negative

  • None.

Insights

Routine insider dispositions under a 10b5-1 plan and an option exercise are reported.

The filing lists multiple 10b5-1 sales with trade dates from 03/12/2026 through 05/15/2026, including large single-day sales (e.g., 136,434 shares on 05/13/2026) and an Exercise of Stock Options for 50,063 shares on 05/22/2026. The excerpt shows per-trade cash amounts tied to many rows ($4,442,371.08 style totals appear in the table).

These entries are compliance disclosures of transfers and an option exercise; the cash-flow treatment is shown per trade lines. Subsequent filings may provide consolidated totals or post-transaction holdings.

Option exercise 50,063 shares Exercise of Stock Options dated 05/22/2026
Founders Shares 65,621 shares Founders Shares dated 09/03/2015
Large single-day sale 136,434 shares 10b5-1 sale on 05/13/2026
Example cash proceeds $4,442,371.08 Proceeds shown for a 05/13/2026 sale row
Another sale example 40,000 shares 10b5-1 sale on 05/14/2026 with proceeds $1,400,000.00
Small sale entry 400 shares 10b5-1 sale on 04/22/2026 with proceeds $12,000.00
10b5-1 sales regulatory
"10b5-1 Sales for MARK FRICHTL ... | Common | 05/15/2026 | 4316"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Exercise of Stock Options financial
"Common | 05/22/2026 | Exercise of Stock Options | Issuer | ... | 50063"
Founders Shares financial
"Common | 09/03/2015 | Founders Shares | Issuer | ... | 65621"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
Rule 144 regulatory
"Form type: 144 (file header context for this disclosure)"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What sales did Mark Frichtl report for OUST?

The filing lists multiple 10b5-1 sales between 03/12/2026 and 05/15/2026, including trades of 136,434, 60,000, and other share amounts with corresponding cash proceeds shown per trade lines.

Did the filing include any option exercises?

Yes. The filing records an Exercise of Stock Options for 50,063 shares dated 05/22/2026, described as an issuer transaction with cash consideration noted on the exercise line.

Are Founders Shares mentioned in the filing?

Yes. The record shows Founders Shares dated 09/03/2015 with a line item of 65,621 shares under the securities to be sold section of the filing.

Were dollar proceeds provided for the reported sales?

Yes. Individual sale lines include cash amounts for each trade (examples: $4,442,371.08 for one large sale entry and $1,400,000.00 for another), tied to the corresponding trade dates and share counts.

Does this filing indicate sales were made under a trading plan?

The sales are labeled as 10b5-1 Sales, indicating they were executed under pre-established trading arrangements; the filing lists each trade date, share count, and cash amount for those plan sales.