Pacala Charles Angus 4

What Happened Charles (Chuck) Pacala, President, CEO and a director of Ouster, Inc. (OUST), sold 24,657 shares on 2026-03-12 in transactions that generated roughly $577,649. The reported weighted-average price was $23.43; individual trade prices ranged from $22.85 to $23.4522. This was a sale (not a purchase) and appears to be a routine sale to cover tax withholding on vested restricted stock units.

Key Details

• Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (filed within the standard two-business-day window).
• Shares sold: 24,657; weighted-average price: $23.43; total proceeds ≈ $577,649.
• Price range (multiple trades): $22.85 to $23.4522 (reporting person can provide per-trade details on request).
• Footnote: Sale made to cover withholding taxes on RSU vesting pursuant to a Rule 10b5-1 “sale to cover” instruction dated June 9, 2025.
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context This sale was a tax-withholding sale tied to RSU settlement under a 10b5-1 plan, which is a common administrative transaction and not an explicit vote of confidence or lack thereof in the company. For retail investors, purchases typically carry more informational weight; this filing documents routine insider tax-related selling rather than a discretionary liquidity-driven trade disclosed as such.