Ouster (OUST) counsel sells 10,696 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Ouster, Inc. disclosed that its General Counsel and Secretary, Megan Chung, sold 10,696 shares of common stock on December 12, 2025 at a weighted average price of $24.9781 per share. The sale was executed under a Rule 10b5-1 instruction and was used to cover withholding taxes arising from the vesting and settlement of restricted stock units. After these transactions, she beneficially owns 188,978 Ouster shares, including 2,475 shares acquired on November 15, 2025 through the company’s Amended and Restated 2022 Employee Stock Purchase Plan.
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FAQ
What insider transaction did Ouster (OUST) report for Megan Chung?
Ouster reported that General Counsel and Secretary Megan Chung sold 10,696 shares of Ouster common stock on December 12, 2025, as shown in Table I.
At what price were Megan Chung’s Ouster (OUST) shares sold?
The shares were sold at a weighted average price of $24.9781 per share, with individual transaction prices ranging from $24.777 to $24.98663.
Why did Megan Chung sell Ouster (OUST) shares on December 12, 2025?
The 10,696 shares were 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.
How many Ouster (OUST) shares does Megan Chung own after the reported sale?
Following the reported transaction, Megan Chung beneficially owns 188,978 shares of Ouster common stock in total.
Was the Ouster (OUST) insider sale made under a Rule 10b5-1 plan?
Yes. The sale to cover withholding taxes was made pursuant to a Rule 10b5-1 sale-to-cover instruction letter dated August 20, 2025.
Did Megan Chung recently acquire additional Ouster (OUST) shares before this sale?
Yes. The reported holdings include 2,475 shares of common stock acquired on November 15, 2025 under Ouster’s Amended and Restated 2022 Employee Stock Purchase Plan.