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 249 shares of common stock on March 17, 2025, to cover withholding taxes related to the vesting of restricted stock units.
Summary
- On March 17, 2025, Darien Spencer, the Chief Operating Officer of Ouster, Inc., sold 249 shares of the company's common stock.
- The sale was executed at a price of $8.02 per share.
- This transaction was conducted to cover withholding taxes incurred upon the vesting and settlement of restricted stock units.
- Following the transaction, Spencer directly owns 286,732 shares of Ouster, Inc.
- The sale was initiated by Ouster on behalf of Darien Spencer.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (sale of shares to cover taxes) and doesn't contain information that would significantly sway 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.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the stock sale transaction. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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