SKAGGS STEPHEN A 4
Research Summary
AI-generated summary
Ouster (OUST) Director Stephen A. Skaggs Sells 5,000 Shares
What Happened Stephen A. Skaggs, a director of Ouster, Inc. (OUST), sold 5,000 shares of Ouster common stock on May 5, 2026 at $30.00 per share, generating $150,000 in proceeds. This was a sale (not a purchase) and therefore is typically considered routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: May 5, 2026
- Price: $30.00 per share; Shares sold: 5,000; Proceeds: $150,000
- Transaction type/code: Open-market sale (S)
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan dated September 8, 2025
- Shares owned after transaction: Not specified in the provided filing summary
- Filing date: May 7, 2026 (filed within the normal Form 4 reporting window)
Context Sales under a pre-existing Rule 10b5-1 plan are pre-arranged and often occur according to a schedule set when the plan was adopted; they do not necessarily reflect the insider’s current view of the company. This report is informational and should be considered alongside other insider activity and company fundamentals.