Ouster (NYSE: OUST) CFO offloads 40,000 shares via 10b5-1 plan
Rhea-AI Filing Summary
Ouster, Inc. (OUST) reported that Chief Financial Officer Kenneth P. Gianella sold a total of 40,000 shares of common stock on August 18, 2026 in four open-market transactions at weighted average prices between $44.65 and $47.09. The sales were executed pursuant to a Rule 10b5-1 plan dated May 19, 2026, and each reported price reflects a weighted average of multiple trades within disclosed intraday price ranges. Post-transaction share holdings are not reported in this filing.
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
4 txns
Insider
Gianella Kenneth P.
Role
Chief Financial Officer
Sold
40,000 shs ($1.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 17,927 | $44.6487 | $800K |
| Sale | Common Stock F1, F3 | 13,364 | $45.5243 | $608K |
| Sale | Common Stock F1, F4 | 8,201 | $46.4035 | $381K |
| Sale | Common Stock F1, F5 | 508 | $47.0851 | $24K |
Holdings After Transaction:
Common Stock — 261,014 shares (Direct)
Footnotes (5)
- F1. Reflects shares sold pursuant to a Rule 10b5-1 plan dated May 19, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.00 to $44.94. 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.01 to $45.865. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.99. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.05 to $47.115. 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 (block 1): 17,927 shares at $44.6487 per share
Shares sold (block 2): 13,364 shares at $45.5243 per share
Shares sold (block 3): 8,201 shares at $46.4035 per share
+3 more
6 metrics
Shares sold (block 1)
17,927 shares at $44.6487 per share
Open-market sale of Ouster common stock on August 18, 2026
Shares sold (block 2)
13,364 shares at $45.5243 per share
Open-market sale of Ouster common stock on August 18, 2026
Shares sold (block 3)
8,201 shares at $46.4035 per share
Open-market sale of Ouster common stock on August 18, 2026
Shares sold (block 4)
508 shares at $47.0851 per share
Open-market sale of Ouster common stock on August 18, 2026
Total shares sold
40,000 shares
Aggregate non-derivative sales by CFO Kenneth P. Gianella on August 18, 2026
10b5-1 plan date
May 19, 2026
Date of Rule 10b5-1 trading plan governing the reported sales
Key Terms
Rule 10b5-1 plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 plan regulatory
"Reflects shares sold pursuant to a Rule 10b5-1 plan dated May 19, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret 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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did OUST disclose for CFO Kenneth P. Gianella?
Ouster disclosed that CFO Kenneth P. Gianella sold 40,000 shares of common stock on August 18, 2026. The sales occurred in four open-market transactions at weighted average prices between $44.65 and $47.09, executed under a pre-arranged Rule 10b5-1 trading plan.
Was the OUST CFO’s sale conducted under a Rule 10b5-1 trading plan?
Yes. The filing states the 40,000-share sale was made pursuant to a Rule 10b5-1 plan dated May 19, 2026. This indicates the transactions were pre-arranged, which can reduce the informational value of their timing for investors.
Does the Form 4 disclose the CFO’s OUST holdings after these sales?
No. The reported transactions list the shares sold and sale prices, but total shares following the transactions are not provided. Investors cannot determine the CFO’s remaining direct ownership from this specific Form 4 alone.
AI-generated analysis. How Rhea-AI works. Not financial advice.