Form 4: Ouster Director Receives Stock for Fees
Statement of Changes in Beneficial Ownership
Ouster, Inc. Director Susan Heystee received 1,458 shares of common stock in lieu of cash fees on April 6, 2026.
Summary
- Susan Heystee, a Director at Ouster, Inc., received 1,458 shares of common stock on April 6, 2026.
- These shares were received in lieu of cash fees, as per the company's Non-Employee Director Compensation Program.
- The transaction was valued at $19.31 per share, totaling $28,165.78.
- Following this transaction, Ms. Heystee beneficially owns 44,409.7 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine compensation transaction for a director rather than significant financial or strategic news.
Positives
- Director compensation is being paid in stock, aligning director interests with shareholders.
- The company has a formal program for compensating non-employee directors, indicating established governance practices.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that the use of stock-based compensation for directors is a common practice in the technology sector, including companies like Ouster, Inc., to foster alignment between leadership and shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Program | Susan Heystee received shares in lieu of cash fees under the Company's Third Amended and Restated Non-Employee Director Compensation Program. | Not specified, but implied to be ongoing. | Reinforces alignment of director interests with shareholders. |
Related Party Transactions
- Susan Heystee, a Director, received 1,458 shares of common stock in lieu of cash fees, which constitutes a transaction with a related party (the director).
Stakeholder Impact
- Shareholders: The issuance of stock for director fees can be viewed positively as it aligns director incentives with share price performance. However, it also represents a dilution of ownership for existing shareholders, albeit typically a small amount for director compensation.
- Employees: No direct impact on employees is indicated by this filing.
- Management: No direct impact on management is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 04/06/2026 | Transaction date for receipt of common stock by Susan Heystee. |
| 04/07/2026 | Date of signature for the filing. |
Keywords
Ouster Inc, OUST, Form 4, Director Compensation, Stock Award, Beneficial Ownership, Securities Exchange Act
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