Ouster (NYSE: OUST) director receives 4,725 stock RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eyler Phillip reported acquisition or exercise transactions in this Form 4 filing.
Ouster director Phillip Eyler reported receiving a grant of 4,725 shares of common stock as a stock-based award, with no cash paid per share. After this equity grant, his direct holdings increased to 20,383 Ouster shares.
The award consists of Ouster restricted stock units (RSUs), each representing one share of common stock. The RSUs vest in quarterly installments through the earlier of June 17, 2027 or the company’s 2027 annual stockholder meeting, as long as he continues serving the company. All vested RSUs will be settled in shares upon the earlier of a change in control or his separation from service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eyler Phillip
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,725 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,383 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,725 shares
Shares after transaction: 20,383 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
4,725 shares
Restricted stock units awarded to director Eyler
Shares after transaction
20,383 shares
Total direct holdings following the RSU grant
Grant price per share
$0.00 per share
Compensation grant, not open-market purchase
RSU vesting end date
June 17, 2027
Vests quarterly through earlier of this date or 2027 meeting
Key Terms
restricted stock units ("RSUs"), change in control, separation from service
3 terms
restricted stock units ("RSUs") financial
"Consists of Ouster, Inc. restricted stock units ("RSUs"). Each RSU represents"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"settle all awards of common stock received, including vested RSUs, upon the earlier of a change in control or separation"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation from service financial
"upon the earlier of a change in control or separation from service with the Company"
FAQ
What did Ouster (OUST) director Phillip Eyler report in this Form 4?
Director Phillip Eyler reported receiving a grant of 4,725 Ouster RSUs, representing the right to receive an equal number of common shares. This grant increased his direct holdings to 20,383 shares, reflecting additional stock-based compensation rather than an open-market purchase.
Is Phillip Eyler’s Ouster Form 4 transaction a stock purchase or award?
The Form 4 shows a stock award, not a market purchase. Eyler received 4,725 restricted stock units at a stated price of $0.00 per share, indicating compensation-related equity, contingent on future vesting and continued service with Ouster.
How do Phillip Eyler’s newly granted Ouster RSUs vest over time?
The 4,725 Ouster RSUs vest in quarterly installments through the earlier of June 17, 2027 or the company’s 2027 annual stockholder meeting. Vesting is conditioned on Eyler’s continued service with Ouster through each applicable vesting date.