Form 4: Ouster Inc. COO Darien Spencer Sells Shares to Cover Tax Obligations

Ouster Inc.'s Chief Operating Officer, Darien Spencer, sold 4,489 shares of common stock on March 12, 2025, to cover withholding taxes related to the vesting of restricted stock units.

Summary

• On March 12, 2025, Darien Spencer, the Chief Operating Officer of Ouster, Inc., sold 4,489 shares of Ouster's common stock.
• The sale was executed to cover withholding taxes incurred upon the vesting and settlement of restricted stock units.
• The shares were sold at a weighted average price of $7.629, with individual transactions ranging from $7.4008 to $7.6323.
• Following the transaction, Darien Spencer directly owns 286,981 shares of Ouster's common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. The sale is related to tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives. The sale appears to be related to tax obligations, which is a typical reason for insider sales.

Stakeholder Impact

• The sale of shares by a company executive can sometimes create short-term price volatility, but this transaction is unlikely to have a significant long-term impact on shareholders.

Key Dates