Chung Megan 4
Research Summary
AI-generated summary
Ouster (OUST) GC Megan Chung Receives 46,125 RSU Award
What Happened
- Megan Chung, General Counsel and Secretary of Ouster, was granted 46,125 restricted stock units (RSUs) on April 11, 2026. The Form 4 reports an acquisition price of $0.00 (transaction code A), so the filing shows $0 cash paid for the award. The Form 4 was filed on April 14, 2026.
Key Details
- Transaction date: 2026-04-11; Filing date: 2026-04-14 (timely filed within the SEC reporting window).
- Amount: 46,125 RSUs; Acquisition price per unit as reported: $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: Each RSU is a contingent right to one share. RSUs vest 1/12 of the total on each quarterly anniversary of March 11, 2026 (i.e., quarterly vesting over 12 quarters), subject to continued service. RSUs have no expiration date.
- Transaction type: Award/grant (compensation), not an open-market purchase or sale.
Context
- RSUs represent a promise to deliver shares upon vesting (they convert to actual shares over time); they do not indicate an immediate purchase or sale. Such grants are commonly part of executive compensation and do not by themselves signal near-term buying or selling intent.