Form 4: Outset Medical General Counsel Sells Shares for Tax
Insider Transaction Report
Outset Medical's General Counsel, John L. Brottem, sold 10,494 shares of common stock in non-discretionary 'sell to cover' transactions to satisfy tax withholding obligations.
Summary
- John L. Brottem, General Counsel of Outset Medical, Inc. (OM), reported the sale of common stock.
- On January 20, 2026, 9,314 shares were sold at a price of $5.12 per share.
- On January 21, 2026, an additional 1,180 shares were sold at a price of $5.01 per share.
- These sales, totaling 10,494 shares, were non-discretionary 'sell to cover' transactions.
- The purpose of the sales was to satisfy tax withholding obligations related to the vesting of 17,997 shares of Common Stock underlying Restricted Stock Units (RSUs).
- The RSUs were granted to Mr. Brottem on June 10, 2025.
- Following these transactions, Mr. Brottem beneficially owns 35,777 shares of common stock.
Sentiment
Score: 5
Explanation: The filing reports routine, non-discretionary 'sell to cover' transactions for tax purposes, which are neutral in sentiment and do not reflect management's view on the company's future prospects.
Future Outlook
na
Industry Context
na
Stakeholder Impact
- Minimal impact on shareholders as these are routine, non-discretionary sales by an insider to cover tax obligations, not indicative of a change in confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 2025-06-10 | Date of RSU grant for 17,997 shares of Common Stock. |
| 2026-01-20 | Transaction date for the sale of 9,314 shares of common stock at $5.12 per share. |
| 2026-01-21 | Transaction date for the sale of 1,180 shares of common stock at $5.01 per share and signature date of the filing. |
Keywords
Outset Medical, OM, Form 4, Insider Transaction, Stock Sale, Sell to Cover, Tax Withholding, Restricted Stock Units, RSU, John L. Brottem, General Counsel
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