Ouster GC sells 11,261 shares to cover taxes
Ouster, Inc. General Counsel and Secretary Megan Chung reported an open-market sale of 11,261 shares of common stock at a weighted average price of $38.823 per share on June 12, 2026.
Rhea-AI Filing Summary
Ouster, Inc. General Counsel and Secretary Megan Chung reported an open-market sale of 11,261 shares of common stock at a weighted average price of $38.823 per share on June 12, 2026. The shares were sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units pursuant to a Rule 10b5-1 sale-to-cover instruction letter.
After this transaction, Chung directly holds 202,859 shares of Ouster common stock, which include 284 shares acquired on May 15, 2026 through the company’s Amended and Restated 2022 Employee Stock Purchase Plan.
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Insider Trade Summary 10b5-1
Net Seller: 11,261 shares
Net Sell
1 txn
Insider
Chung Megan
Role
General Counsel and Secretary
Sold
11,261 shs ($437K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,261 | $38.823 | $437K |
Holdings After Transaction:
Common Stock — 202,859 shares (Direct)
Footnotes (3)
- F1. Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units pursuant to a Rule 10b5-1 sale to cover instruction letter dated August 20, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.82 to $39.59. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Includes 284 shares of common stock acquired by the Reporting Person on May 15, 2026, pursuant to the Company's Amended and Restated 2022 Employee Stock Purchase Plan.
Key Figures
Shares sold: 11,261 shares
Weighted average sale price: $38.823 per share
Post-transaction holdings: 202,859 shares
+2 more
5 metrics
Shares sold
11,261 shares
Open-market sale on June 12, 2026
Weighted average sale price
$38.823 per share
Common stock sale to cover taxes
Post-transaction holdings
202,859 shares
Common stock directly held after sale
Price range of sales
$38.82–$39.59 per share
Multiple transactions comprising reported weighted average
ESPP shares included
284 shares
Acquired May 15, 2026 under 2022 Employee Stock Purchase Plan
Key Terms
Rule 10b5-1, restricted stock units, weighted average price, Employee Stock Purchase Plan
4 terms
Rule 10b5-1 regulatory
"pursuant to a Rule 10b5-1 sale to cover instruction letter dated August 20, 2025"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock units financial
"withholding taxes incurred upon the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan financial
"pursuant to the Company's Amended and Restated 2022 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ouster (OUST) report for Megan Chung?
Ouster reported that General Counsel and Secretary Megan Chung sold 11,261 shares of common stock. The transaction was an open-market sale used to cover tax withholding on vested restricted stock units under a pre-arranged Rule 10b5-1 instruction.
Was the Ouster (OUST) insider sale by Megan Chung part of a Rule 10b5-1 plan?
Yes. A footnote specifies the sale was made pursuant to a Rule 10b5-1 sale-to-cover instruction letter dated August 20, 2025. Such pre-arranged plans automate transactions, particularly for tax obligations on equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
