Pacala Charles Angus 4
Research Summary
AI-generated summary
Ouster (OUST) CEO Charles Pacala Receives 138,376 RSUs
What Happened
Charles Pacala, President, CEO and a director of Ouster, Inc. (OUST), was granted 138,376 restricted stock units (RSUs) on April 12, 2026. The grant is reported as an award/acquisition at a $0 purchase price (total reported value $0). These RSUs represent a contingent right to receive one share per RSU upon vesting.
Key Details
- Transaction date: 2026-04-12; Form 4 filed 2026-04-14.
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 138,376 RSUs; grant price reported as $0 (no cash paid).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: RSUs vest as to 1/12 of the total on each quarterly anniversary of March 11, 2026, subject to continued service; RSUs have no expiration date (see footnote F1).
- No sale or purchase of common stock occurred in this filing — this is a compensation award.
Context
RSUs are a form of equity compensation; each unit is a contingent right to receive one share when it vests. Because vesting is time-based (1/12 quarterly starting Mar 11, 2026) and contingent on continued service, this award is typical executive compensation rather than a market buy or sell signal. No cash changed hands at grant; potential tax consequences and beneficial ownership change will occur as RSUs vest and are settled.