Form 4: Ouster Director Susan Heystee Acquires Shares in Lieu of Cash Fees
SEC Form 4 Filing
Director Susan Heystee acquired 4,847 shares of Ouster, Inc. common stock on October 7, 2024, in lieu of cash fees.
Summary
- On October 7, 2024, Susan Heystee, a director of Ouster, Inc., acquired 4,847 shares of common stock.
- The shares were received in lieu of cash fees as part of the company's Non-Employee Director Compensation Program.
- The price per share was $6.45.
- Following the transaction, Heystee directly owns 115,814 shares of Ouster, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a mildly positive signal.
Positives
- A director's decision to take shares in lieu of cash compensation may signal confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of transaction: Susan Heystee acquired 4,847 shares of Ouster, Inc. common stock. |
| 10/09/2024 | Date of signature on the Form 4 filing. |
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