Ouster (NYSE: OUST) CFO sells 54,337 shares in Rule 10b5-1 tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc.’s Chief Financial Officer Kenneth P. Gianella reported an open-market sale of 54,337 shares of Common Stock. The shares were sold on June 12, 2026 at a weighted average price of $38.823 per share.
According to the filing, the sale was made 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. After this transaction, Gianella directly holds 301,014 Ouster shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 54,337 shares ($2,109,525)
Net Sell
1 txn
Insider
Gianella Kenneth P.
Role
Chief Financial Officer
Sold
54,337 shs ($2.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 54,337 | $38.823 | $2.11M |
Holdings After Transaction:
Common Stock — 301,014 shares (Direct, null)
Footnotes (1)
- 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. 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 $39.54. 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.
Key Figures
Shares sold: 54,337 shares
Weighted average sale price: $38.823 per share
Post-transaction holdings: 301,014 shares
+2 more
5 metrics
Shares sold
54,337 shares
Open-market sale on June 12, 2026
Weighted average sale price
$38.823 per share
Common Stock sale on June 12, 2026
Post-transaction holdings
301,014 shares
Direct ownership after June 12, 2026 sale
Sale price range
$38.82–$39.54 per share
Multiple transactions in reported sale
Rule 10b5-1 instruction date
August 20, 2025
Sale-to-cover instruction letter for tax withholding
Key Terms
Rule 10b5-1, restricted stock units, weighted average price, open-market sale
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Ouster (OUST) report for its CFO?
Ouster reported that CFO Kenneth P. Gianella sold 54,337 shares of Common Stock. The sale occurred on June 12, 2026, and was conducted as an open-market transaction according to the Form 4 disclosure.