Ouster (NYSE: OUST) director awarded 1,458 shares in lieu of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heystee Susan reported acquisition or exercise transactions in this Form 4 filing.
Ouster, Inc. director Susan Heystee received 1,458 shares of Common Stock as a compensation award. The shares were granted on April 6, 2026 in lieu of cash fees under the company’s Third Amended and Restated Non-Employee Director Compensation Program. After this award, she directly holds 44,409.7 shares of Ouster common stock, indicating this is a relatively small, routine equity-based compensation grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Heystee Susan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,458 | $19.31 | $28K |
Holdings After Transaction:
Common Stock — 44,409.7 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 1,458 shares
Implied grant price: $19.31 per share
Holdings after transaction: 44,409.7 shares
3 metrics
Shares granted
1,458 shares
Common Stock award on April 6, 2026
Implied grant price
$19.31 per share
Indicated price for awarded shares
Holdings after transaction
44,409.7 shares
Total Ouster common stock directly held after award
Key Terms
Form 4, Grant, award, or other acquisition, Non-Employee Director Compensation Program, in lieu of cash fees
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Non-Employee Director Compensation Program financial
"pursuant to the Company's Third Amended and Restated Non-Employee Director Compensation Program."
in lieu of cash fees financial
"Represents shares of common stock received in lieu of cash fees"
FAQ
What did Ouster (OUST) director Susan Heystee report in this Form 4 filing?
Susan Heystee reported receiving 1,458 shares of Ouster common stock as a compensation award. The grant was issued on April 6, 2026 in lieu of cash director fees, reflecting routine non-employee director compensation rather than an open-market purchase or sale.
Was the Ouster (OUST) Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition coded as “A,” representing a grant or award, not a market trade. Shares were issued as part of director compensation, received instead of cash fees, so no open-market buying or selling occurred in this transaction.
How is Susan Heystee’s Ouster (OUST) grant described in the Form 4 footnotes?
The footnote explains the 1,458 shares represent common stock received in lieu of cash fees. They were granted under Ouster’s Third Amended and Restated Non-Employee Director Compensation Program, clarifying that this is standard equity compensation for board service rather than a discretionary market transaction.