Ouster GC sells 11,484 shares in tax-cover trade
Ouster’s General Counsel executed a Rule 10b5-1 tax-cover sale of vested RSU shares and continues to hold 189,291 common shares.
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Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. (OUST) reported that its General Counsel and Secretary, Megan Chung, sold 11,484 shares of common stock on September 14, 2026, in an open-market transaction with a weighted average price of $33.9597 per share. The sale was executed under a Rule 10b5-1 “sale to cover” instruction to satisfy withholding taxes upon vesting of restricted stock units, and she now holds 189,291 shares directly.
Insider Trade Summary 10b5-1
Net Seller: 11,484 shares
Net Sell
1 txn
Insider
Chung Megan
Role
General Counsel and Secretary
Sold
11,484 shs ($390K)
Share of Position Sold
5.7%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 11,484 | $33.9597 | $390K |
Holdings After Transaction:
Common Stock — 189,291 shares (Direct)
Holdings Before and After:
Common Stock, 200,775 to 189,291 shares (Direct)
Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.7051 to $33.9661. 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: 11,484 shares
Weighted average sale price: $33.9597 per share
Sale price range: $33.7051 to $33.9661 per share
+2 more
5 metrics
Shares sold
11,484 shares
Common stock sold on September 14, 2026
Weighted average sale price
$33.9597 per share
Open-market sale of Ouster common stock
Sale price range
$33.7051 to $33.9661 per share
Price range across multiple trades on September 14, 2026
Shares held after transaction
189,291 shares
Direct ownership by Megan Chung following the sale
RSU tax-cover sale instruction date
August 20, 2025
Date of Rule 10b5-1 sale to cover instruction letter
Key Terms
Rule 10b5-1, withholding taxes, restricted stock units, weighted average price
4 terms
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.
withholding taxes financial
"shares sold to cover withholding taxes incurred upon the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
restricted stock units financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OUST disclose for Megan Chung?
Ouster disclosed that General Counsel and Secretary Megan Chung sold 11,484 shares of common stock on September 14, 2026, in an open-market transaction with a weighted average price of $33.9597 per share.
Was the OUST insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing indicates the sale was made pursuant to a Rule 10b5-1 sale to cover instruction letter dated August 20, 2025, and the Form 4’s Rule 10b5-1 checkbox is marked as affirmative.
What type of security was involved in Megan Chung’s OUST transaction?
The transaction involved Ouster, Inc. common stock, sold to cover taxes related to the vesting and settlement of restricted stock units (RSUs).
AI-generated analysis. How Rhea-AI works. Not financial advice.
