OUST Form 144: 40,390 restricted shares to be sold via Morgan Stanley
Rhea-AI Filing Summary
Ouster, Inc. filed a Form 144 disclosing a proposed sale of 40,390 shares of common stock through Morgan Stanley Smith Barney with an aggregate market value of $1,211,700.00. The filing lists 57,819,244 shares outstanding and gives an approximate sale date of 08/13/2025.
The securities were acquired as restricted stock from the issuer on 04/05/2023. The filer reports no securities sold during the past three months and includes the standard representation that they do not possess undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider plans to sell 40,390 shares worth $1.21M via a broker; disclosure appears routine and not clearly material.
The Form 144 shows a proposed sale of 40,390 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,211,700.00. The shares were listed as restricted stock acquired from the issuer on 04/05/2023. The filing states no sales in the past three months and includes the required representation about undisclosed material adverse information. Based on the figures disclosed, this notice documents a planned insider sale without additional disclosure of new corporate events.
TL;DR: Filing follows Rule 144 procedures; it does not indicate governance changes or undisclosed issues.
This Form 144 identifies the broker, the class of security, acquisition type, and an approximate sale date, and it reiterates the seller's attestation regarding material information. The filing records the acquisition as restricted stock on 04/05/2023 and lists the broker as Morgan Stanley Smith Barney. There are no reported sales in the prior three months. The disclosure is procedural and does not by itself raise governance concerns based on the content provided.