Ouster Insider Sale: 18,274 Shares Disposed to Cover RSU Taxes
Rhea-AI Filing Summary
Ouster, Inc. (OUST) insider sale disclosed on Form 4. Chief Operating Officer Darien Spencer disposed of 18,274 shares on 09/12/2025 at a weighted average price of $28.4581 per share. The filing states the shares were sold by the issuer to cover withholding taxes arising from the vesting and settlement of restricted stock units. After the transaction, the reporting person beneficially owns 346,132 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/16/2025.
Positive
- Sale was disclosed as tax-withholding on vested RSUs, indicating a non-discretionary reason for the disposition.
- Reporting person retains significant ownership with 346,132 shares beneficially owned after the transaction.
- Filing includes price range disclosure and an undertaking to provide per-trade details if requested, supporting transparency.
Negative
- Insider disposed of 18,274 shares, a reduction in the reporting person's holdings.
- Weighted-average sale price reported ($28.4581) reflects execution across multiple transactions, which may obscure exact per-trade pricing without further detail.
Insights
TL;DR: Routine tax-withholding sale; maintains substantial ownership, so limited immediate governance impact.
The transaction is explicitly described as a sale to satisfy tax withholding on vested restricted stock units rather than a discretionary open-market liquidation. The disposal size is 18,274 shares at a weighted average price of $28.4581, leaving 346,132 shares beneficially owned. Because the filing attributes the sale to tax withholding and reports a continuing significant holding, this appears operationally routine and not a material change in ownership or control based on the information provided.
TL;DR: Disclosure meets Section 16 requirements; sale was documented and an attorney-in-fact executed the filing.
The Form 4 identifies the reporting person as the Chief Operating Officer and shows timely disclosure: transaction dated 09/12/2025 with the Form executed 09/16/2025. The explanatory footnotes state the sale was initiated by the issuer to cover tax withholding on RSU settlement. The filing provides the weighted-average price range and an undertaking to supply detailed per-trade prices if requested, supporting transparency and compliance.