Ouster (NYSE: OUST) CRO Cyrille Jacquemet sells 10,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ouster, Inc. Chief Revenue Officer Cyrille Jacquemet reported an open-market sale of company stock. On this Form 4, he sold 10,000 shares of Ouster common stock at a price of $35.00 per share. The transaction was executed as an open-market sale.
After this sale, Jacquemet directly holds 132,590.5 shares of Ouster common stock, which includes 616 shares acquired on May 15, 2026 through the company’s Amended and Restated 2022 Employee Stock Purchase Plan. The filing notes that the sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($350,000)
Net Sell
1 txn
Insider
Jacquemet Cyrille
Role
Chief Revenue Officer
Sold
10,000 shs ($350K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $35.00 | $350K |
Holdings After Transaction:
Common Stock — 132,590.5 shares (Direct, null)
Footnotes (1)
- Reflects shares sold pursuant to a Rule 10b5-1 plan dated June 13, 2025. Includes 616 shares of common stock acquired by the Reporting Person on May 15, 2026, pursuant to the Company's Amended and Restated 2022 Employee Stock Purchase Plan.
Key Figures
Shares sold: 10,000 shares
Sale price: $35.00 per share
Estimated transaction value: $350,000
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale of Ouster common stock
Sale price
$35.00 per share
Price for the 10,000-share open-market sale
Estimated transaction value
$350,000
10,000 shares sold at $35.00 per share
Shares held after transaction
132,590.5 shares
Direct Ouster holdings following the sale
ESPP shares included
616 shares
Acquired May 15, 2026 under 2022 Employee Stock Purchase Plan
Key Terms
Rule 10b5-1 plan, open-market sale, Amended and Restated 2022 Employee Stock Purchase Plan
3 terms
Rule 10b5-1 plan regulatory
"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""
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.
Amended and Restated 2022 Employee Stock Purchase Plan financial
"pursuant to the Company's Amended and Restated 2022 Employee Stock Purchase Plan."
FAQ
What insider transaction did OUST Chief Revenue Officer Cyrille Jacquemet report?
Cyrille Jacquemet reported selling 10,000 shares of Ouster common stock in an open-market transaction at $35.00 per share. This Form 4 filing reflects a discretionary stock sale, documented as a planned trade under a Rule 10b5-1 trading plan.
Was the OUST insider sale by Cyrille Jacquemet made under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the 10,000-share sale was executed pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. Such plans are pre-arranged trading programs designed to systematically sell shares over time.