Form 4: Ouster Inc. Interim CFO Chen Geng Reports Sale of Shares to Cover Withholding Taxes
SEC Filing
Interim CFO of Ouster, Inc., Chen Geng, reports the sale of 3,050 shares of common stock to cover withholding taxes incurred upon the vesting and settlement of restricted stock units.
Summary
- Chen Geng, Interim CFO of Ouster, Inc., filed a Form 4 with the SEC on March 14, 2025.
- The report details a transaction on March 12, 2025, where 3,050 shares of Ouster's common stock were sold at a weighted average price of $7.6293.
- The sale was executed to cover withholding taxes related to the vesting and settlement of restricted stock units.
- Following the transaction, Chen Geng directly owns 38,090 shares of Ouster's common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock sale transaction |
| 03/14/2025 | Date of Form 4 filing |
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