Chung Megan 4

What Happened

• Megan Chung, General Counsel and Secretary of Ouster (OUST), disposed of 11,261 shares on June 12, 2026 in an open‑market/private sale. The filing reports a weighted average price of $38.82 per share (range $38.82–$39.59), for aggregate proceeds of approximately $437,186. The sale was executed to cover withholding taxes arising from the vesting and settlement of restricted stock units.

Key Details

• Transaction date: 2026-06-12
• Transaction type: Sale (S) — open market or private sale
• Price: weighted average $38.82; individual trade prices ranged $38.82–$39.59 (filing offers to provide per‑price breakdown on request)
• Shares sold: 11,261; proceeds ≈ $437,186
• Shares owned after transaction: not specified in the filing
• Footnotes: F1 — sale to cover tax withholding for vested RSUs pursuant to a Rule 10b5‑1 “sell to cover” instruction dated Aug 20, 2025; F2 — weighted average / multiple transactions; F3 — reporting person acquired 284 shares on May 15, 2026 under the company ESPP
• Filing/timeliness: Form 4 filed 2026-06-16 for a 2026-06-12 transaction (filed within the two business‑day deadline)

Context

• This was a tax‑related, preplanned sell-to-cover transaction under a Rule 10b5‑1 arrangement, which is a routine way executives satisfy tax withholding when RSUs vest. Such sales are generally administrative (not necessarily a signal about the insider’s view of the company). Purchases typically carry more direct informational weight for investors.