Ouster Board Member Increases Stake Through Major Stock Grant Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Ernest E Maddock of Ouster (OUST) reported the acquisition of restricted stock units (RSUs) on June 18, 2025. The transaction details include:
- 13,558 RSUs that vest quarterly through June 18, 2026 or the next annual stockholder meeting, contingent on continued service
- 1,500 RSUs that vested immediately on grant date
- Following these transactions, Maddock directly owns 84,177 shares of common stock
Both RSU grants were awarded at $0.00 exercise price. The filing was submitted by Megan Chung as attorney-in-fact on June 20, 2025. This equity compensation grant appears to be part of the company's director compensation program, with a mix of time-based vesting and immediate vesting components.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MADDOCK ERNEST E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,558 | $0.00 | -- |
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,677 shares (Direct)
Footnotes (1)
- Represents Ouster, Inc. (the "Company") restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Company's common stock. The RSUs vest in quarterly installments through the earlier of June 18, 2026 or the Company's next annual meeting of stockholders, subject to the Reporting Person's continued service through the applicable vesting date. Represents Company RSUs which immediately vested in full on June 18, 2025.
FAQ
What is the vesting schedule for OUST Director Maddock's 13,558 RSU grant?
The 13,558 RSUs vest in quarterly installments through the earlier of June 18, 2026 or Ouster's next annual meeting of stockholders, subject to Maddock's continued service through the applicable vesting dates.
What was the purchase price of OUST RSUs granted to Director Maddock?
The RSUs were granted to Director Maddock at $0.00 per share, as they represent equity compensation for his service as a board member rather than an open market purchase.