Ouster (OUST) General Counsel receives 46,125 RSUs in service-based grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. reported that its General Counsel and Secretary, Megan Chung, acquired 46,125 shares of common stock through a grant of restricted stock units (RSUs). Each RSU represents a right to receive one share of common stock, bringing her direct holdings to 219,673 shares after this award.
The RSUs vest in equal installments, with 1/12 of the total vesting on each quarterly anniversary of March 11, 2026, as long as she continues serving the company on each vesting date. The RSUs do not have an expiration date, indicating a long-term, service-based compensation structure rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Megan
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46,125 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 219,673 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 46,125 shares
Post-transaction holdings: 219,673 shares
Vesting schedule: 1/12 quarterly
+2 more
5 metrics
RSUs granted
46,125 shares
Grant of restricted stock units to General Counsel Megan Chung
Post-transaction holdings
219,673 shares
Total common stock directly held after RSU award
Vesting schedule
1/12 quarterly
RSUs vest each quarterly anniversary of March 11, 2026
Vesting commencement date
March 11, 2026
Start date for quarterly RSU vesting
RSU expiration
No expiration date
RSUs remain outstanding subject to vesting conditions
Key Terms
restricted stock units ("RSUs"), vesting commencement date, quarterly anniversary, continued service
4 terms
restricted stock units ("RSUs") financial
"Represents Ouster, Inc. (the "Company") restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting commencement date financial
"on each quarterly anniversary of March 11, 2026, the vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
quarterly anniversary financial
"on each quarterly anniversary of March 11, 2026"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
continued service financial
"subject to the reporting person's continued service through the applicable vesting date"
FAQ
What insider transaction did Ouster (OUST) report for Megan Chung?
Ouster reported that General Counsel and Secretary Megan Chung received a grant of 46,125 restricted stock units. Each RSU represents a right to one share of common stock, awarded as equity compensation rather than an open-market share purchase.
How do the 46,125 RSUs granted to Megan Chung at Ouster (OUST) vest?
The 46,125 RSUs vest in 12 equal installments. One-twelfth of the total vests on each quarterly anniversary of March 11, 2026, provided Megan Chung continues her service with Ouster through each applicable vesting date.
Do the RSUs granted to Ouster (OUST) executive Megan Chung have an expiration date?
The RSUs granted to Megan Chung have no expiration date. Instead, they are tied to a service-based vesting schedule, with vesting occurring quarterly after March 11, 2026, as long as she remains in service with the company.
Is Megan Chung’s Ouster (OUST) Form 4 transaction an open-market buy or sale?
The Form 4 reflects a grant or award acquisition of 46,125 RSUs, not an open-market trade. The shares are issued as equity compensation and vest over time based on continued service, rather than being bought or sold in the market.