Chung Megan 4

What Happened
Megan Chung, General Counsel and Secretary of Ouster, sold 9,593 shares on March 12, 2026, in an open‑market transaction for a total of approximately $224,787. The reported weighted‑average price was $23.43 per share. This was a sale (typically routine) to cover tax obligations rather than a directional investment bet.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16). Filing is within the two-business-day requirement and thus timely.
• Price: weighted average $23.43; execution prices ranged from $22.9705 to $23.4522 (shares sold in multiple trades).
• Shares sold: 9,593; gross proceeds ≈ $224,787.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — sale executed to cover withholding taxes on vested restricted stock units pursuant to a Rule 10b5‑1 “sale to cover” instruction dated Aug 20, 2025. F2 — weighted average price disclosed; reporting person will provide per‑trade price breakdown on request.

Context
Sales to cover taxes on RSU vesting are common and typically considered routine compensation-related transactions, especially when done under a prearranged Rule 10b5‑1 plan. This report does not on its own indicate a change in insider sentiment about the company’s prospects.