Form 4: Ouster Inc. COO Darien Spencer Reports Sale of Shares for Tax Obligations
SEC Form 4 Filing
Ouster Inc.'s Chief Operating Officer, Darien Spencer, sold 263 shares of common stock to cover withholding taxes related to vested restricted stock units.
Summary
- On September 17, 2024, Darien Spencer, the Chief Operating Officer of Ouster, Inc., sold 263 shares of common stock at a price of $6.36 per share.
- The sale was executed to cover withholding taxes incurred upon the vesting and settlement of restricted stock units.
- Following the transaction, Spencer directly owns 305,612 shares of Ouster, Inc.
- The sale was initiated by Ouster on Spencer's behalf.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of the stock sale transaction. |
| 09/18/2024 | Date of signature on the Form 4 filing. |
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