Ouster (NYSE: OUST) CRO sells 9,433 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. Chief Revenue Officer Cyrille Jacquemet reported an open-market sale of 9,433 shares of Common Stock at $40.00 per share. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 plan dated June 13, 2025, indicating it was scheduled in advance. Following this sale, Jacquemet continues to hold 123,157.5 shares directly, so the trade reflects only a portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,433 shares ($377,320)
Net Sell
1 txn
Insider
Jacquemet Cyrille
Role
Chief Revenue Officer
Sold
9,433 shs ($377K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,433 | $40.00 | $377K |
Holdings After Transaction:
Common Stock — 123,157.5 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 9,433 shares
Sale price: $40.00 per share
Shares held after sale: 123,157.5 shares
+1 more
4 metrics
Shares sold
9,433 shares
Open-market sale of Common Stock
Sale price
$40.00 per share
Price for 9,433-share sale
Shares held after sale
123,157.5 shares
Direct ownership following transaction
Net shares sold
9,433 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 plan financial
"Reflects shares sold pursuant to a Rule 10b5-1 plan dated June 13, 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.
open-market sale financial
"transaction_action: "open-market sale" for 9,433 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Ouster (OUST) report for Cyrille Jacquemet?
Ouster reported that Chief Revenue Officer Cyrille Jacquemet sold 9,433 shares of Common Stock at $40.00 per share. This open-market transaction was disclosed on Form 4 and leaves him with 123,157.5 shares directly owned afterward.
Was the Ouster (OUST) insider sale by Cyrille Jacquemet part of a Rule 10b5-1 plan?
Yes. The filing states the 9,433-share sale was executed under a Rule 10b5-1 trading plan dated June 13, 2025. Such plans are pre-arranged, which generally makes the timing more routine rather than discretionary.