Ouster (NYSE: OUST) COO tax-related sale of 12,559 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. Chief Operating Officer Darien Spencer reported a sale of 12,559 shares of common stock. The shares were sold at a weighted average price of about $38.82 to $39.54 per share.
According to the disclosure, the sale was made solely to cover withholding taxes incurred when restricted stock units vested and settled, and it was executed pursuant to a Rule 10b5-1 sale-to-cover instruction letter. After this tax-related transaction, Spencer directly holds 329,806.5 shares of Ouster common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 12,559 shares ($487,578)
Net Sell
1 txn
Insider
SPENCER DARIEN
Role
Chief Operating Officer
Sold
12,559 shs ($488K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,559 | $38.823 | $488K |
Holdings After Transaction:
Common Stock — 329,806.5 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 19, 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: 12,559 shares
Sale price range: $38.82–$39.54 per share
Shares held after sale: 329,806.5 shares
3 metrics
Shares sold
12,559 shares
Common stock sold on June 12, 2026
Sale price range
$38.82–$39.54 per share
Weighted-average sale range for the reported transactions
Shares held after sale
329,806.5 shares
Direct ownership after the tax-related transaction
Key Terms
restricted stock units, Rule 10b5-1, weighted average price
3 terms
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.
Rule 10b5-1 regulatory
"pursuant to a Rule 10b5-1 sale to cover instruction letter"
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.
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.
FAQ
What insider transaction did Ouster (OUST) report for Darien Spencer?
Ouster reported that Chief Operating Officer Darien Spencer sold 12,559 shares of common stock. The sale was tied to covering withholding taxes on vested restricted stock units and executed under a Rule 10b5-1 sale-to-cover instruction letter.