Ouster (OUST) counsel’s 9,593-share sale covers RSU tax under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. reported that its General Counsel and Secretary, Megan Chung, sold 9,593 shares of common stock on March 12, 2026 at a weighted average price of $23.4324 per share. According to the disclosure, these shares were sold solely to cover withholding taxes due 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 tax-related sale, Chung directly holds 173,548 shares of Ouster common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,593 shares ($224,787)
Net Sell
1 txn
Insider
Chung Megan
Role
General Counsel and Secretary
Sold
9,593 shs ($225K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,593 | $23.4324 | $225K |
Holdings After Transaction:
Common Stock — 173,548 shares (Direct)
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 $22.9705 to $23.4522. 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.
FAQ
What insider transaction did Ouster (OUST) disclose for Megan Chung?
Ouster disclosed that General Counsel and Secretary Megan Chung sold 9,593 shares of common stock. The transaction occurred on March 12, 2026 and was reported as an open-market sale at a weighted average price of $23.4324 per share.
Was the Ouster (OUST) insider sale made under a Rule 10b5-1 plan?
Yes. The footnotes state the sale was executed pursuant to a Rule 10b5-1 sale-to-cover instruction letter dated August 20, 2025. Such plans pre-arrange trades, indicating this transaction was a pre-planned tax withholding event.