Ouster CEO sells 30,385 shares for tax cover
Ouster’s CEO executed a Rule 10b5-1 tax-withholding sale of 30,385 shares and continues to hold over 1.04 million shares.
Rhea-AI Filing Summary
Ouster, Inc. (OUST) reported that President and CEO Charles Angus Pacala sold 30,385 shares of common stock on September 14, 2026 at a weighted average price of $33.9591 per share. The filing states these shares were sold to cover withholding taxes from vesting restricted stock units pursuant to a Rule 10b5-1 sale-to-cover instruction. Following this tax-related sale, Pacala directly holds 1,041,816 shares of Ouster common stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 30,385 shares
Net Sell
1 txn
Insider
Pacala Charles Angus
Role
President and CEO
Sold
30,385 shs ($1.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 30,385 | $33.9591 | $1.03M |
Holdings After Transaction:
Common Stock — 1,041,816 shares (Direct)
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 June 9, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.705 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: 30,385 shares
Weighted average sale price: $33.9591 per share
Post-transaction holdings: 1,041,816 shares
+2 more
5 metrics
Shares sold
30,385 shares
Common stock sale by CEO on September 14, 2026
Weighted average sale price
$33.9591 per share
Average price for 30,385 shares sold on September 14, 2026
Post-transaction holdings
1,041,816 shares
CEO’s direct common stock holdings after the reported sale
Sale price range
$33.705–$33.9661 per share
Range of prices for multiple sale transactions on September 14, 2026
Shares sold for tax withholding
30,385 shares
Shares sold to cover withholding taxes on vesting RSUs
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 report for its CEO on September 14, 2026?
Ouster reported that CEO Charles Angus Pacala sold 30,385 shares of common stock on September 14, 2026 at a weighted average price of $33.9591 per share in multiple transactions within a disclosed price range.
Was the OUST CEO’s stock sale made under a Rule 10b5-1 trading plan?
Yes. The document-level checkbox affirms Rule 10b5-1 status, and a footnote specifies the sale was made pursuant to a Rule 10b5-1 sale to cover instruction letter dated June 9, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.