Form 4: Ouster Inc. COO Darien Spencer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ouster Inc.'s Chief Operating Officer, Darien Spencer, sold 3,844 shares of common stock on September 12, 2024, to cover withholding taxes related to the vesting of restricted stock units.
Summary
- On September 12, 2024, Darien Spencer, the Chief Operating Officer of Ouster, Inc., sold 3,844 shares of the company's common stock.
- The sale was executed at a price of $6.1633 per share.
- The transaction was conducted to cover withholding taxes incurred upon the vesting and settlement of restricted stock units.
- Following the transaction, Spencer directly owns 305,875 shares of Ouster, Inc.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing related to stock transactions by a company executive. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally not indicative of a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of the stock sale transaction. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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