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Ouster, Inc.·4

Apr 22, 7:12 PM ET

SKAGGS STEPHEN A 4

Research Summary

AI-generated summary

Updated

Ouster (OUST) Director Stephen A. Skaggs Sells 5,000 Shares

What Happened
Stephen A. Skaggs, a director of Ouster, Inc., sold 5,000 shares on April 21, 2026, at $28.00 per share, for total proceeds of $140,000. The transaction is reported as a sale (Form 4 code "S") and was executed under a pre-arranged plan.

Key Details

  • Transaction date: April 21, 2026; Form 4 filed April 22, 2026.
  • Shares sold: 5,000 at $28.00 per share — proceeds $140,000.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: sale executed pursuant to a Rule 10b5‑1 trading plan dated September 8, 2025.
  • Filing timeliness: filed one day after the trade — appears timely (within reporting window).

Context
A Rule 10b5‑1 plan allows insiders to sell shares according to a pre-set schedule and is commonly used to avoid trading on material nonpublic information; such sales are often routine and do not necessarily reflect the insider’s view of the company. For retail investors, purchases usually convey stronger positive signals than routine, plan-based sales.