Form 4: Ouster Director Susan Heystee Sells Shares Worth $505,934
SEC Form 4 Filing
Ouster director Susan Heystee sold 45,018.7 shares of common stock at an average price of $11.1966 on May 13, 2025.
Summary
- On May 13, 2025, Susan Heystee, a director of Ouster, Inc., sold 45,018.7 shares of Ouster's common stock.
- The sale was executed at a weighted average price of $11.1966 per share.
- The total value of the shares sold is approximately $505,934.
- Following the transaction, Heystee directly owns 77,384.3 shares of Ouster's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's sale of shares. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
This Form 4 filing indicates insider selling activity, which is a common occurrence. Investors often monitor such filings to gauge management's sentiment and confidence in the company's future prospects. However, insider selling doesn't always indicate a negative outlook, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- Shareholders may react to the news of a director selling shares, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Susan Heystee sold shares of Ouster, Inc. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
Ouster, Director, Share Sale, Form 4, Insider Trading, Equity Securities, Beneficial Ownership
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