Ouster, Inc. (OUST) director Skaggs sells 5,000 shares under plan
Rhea-AI Filing Summary
Ouster, Inc. director Stephen A. Skaggs reported selling a total of 5,000 shares of common stock in two transactions on August 5 and 6, 2026, at prices reported as $46.48 and a weighted average of $45.18 per share. These sales were executed under a Rule 10b5-1 plan dated September 8, 2025, with the August 6 trades occurring in a price range from $45.18 to $45.21.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
2 txns
Insider
SKAGGS STEPHEN A
Role
Director
Sold
5,000 shs ($228K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 3,614 | $45.18 | $163K |
| Sale | Common Stock F1 | 1,386 | $46.48 | $64K |
Holdings After Transaction:
Common Stock — 61,415 shares (Direct)
Footnotes (2)
- F1. Reflects shares sold pursuant to a Rule 10b5-1 plan dated September 8, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.18 to $45.21. 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 on August 5, 2026: 1,386 shares
Shares sold on August 6, 2026: 3,614 shares
Total shares sold: 5,000 shares
+1 more
4 metrics
Shares sold on August 5, 2026
1,386 shares
Non-derivative Ouster common stock sale coded "S" at $46.48 per share
Shares sold on August 6, 2026
3,614 shares
Non-derivative Ouster common stock sale coded "S" at weighted average price $45.18; trades ranged $45.18–$45.21
Total shares sold
5,000 shares
Aggregate of two reported dispositions of Ouster common stock by director Stephen A. Skaggs
10b5-1 plan adoption date
September 8, 2025
Date of Rule 10b5-1 trading plan governing the reported Ouster stock sales
Key Terms
Rule 10b5-1 plan, weighted average price, non-derivative, open market or private transaction
4 terms
Rule 10b5-1 plan regulatory
"Reflects shares sold pursuant to a Rule 10b5-1 plan dated September 8, 2025."
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.
non-derivative financial
"transaction_type": "non-derivative""
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were the OUST stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales reflect shares sold under a Rule 10b5-1 plan dated September 8, 2025. A Rule 10b5-1 plan is a pre-arranged trading plan that allows insiders to sell shares according to predetermined instructions.
What type of security did Stephen A. Skaggs sell in OUST?
All reported transactions involve non-derivative Common Stock of Ouster, Inc. No derivative securities, such as options or warrants, are shown in the transaction list or derivative summary for this Form 4; only direct holdings of common shares were sold.
How are the OUST transactions classified in the Form 4 codes?
Both transactions are coded "S", described as a "Sale in open market or private transaction". Each is marked as a disposition of non-derivative common stock, with the ownership reported as direct by the reporting person.