Pacala Charles Angus 4
4 · Ouster, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Ouster (OUST) CEO Charles Pacala Sells 29,797 Shares
What Happened
- Charles Angus Pacala, President, CEO and a director of Ouster, sold 29,797 shares of Ouster common stock on June 12, 2026. The reported weighted-average price was $38.82, with the sale proceeds totaling about $1,156,809. The shares were sold under a Rule 10b5-1 "sell to cover" instruction to satisfy tax withholding related to vested restricted stock units.
Key Details
- Transaction date: June 12, 2026; Form 4 filed June 16, 2026 (timely within the two-business-day requirement).
- Shares sold: 29,797; reported weighted-average price: $38.82; total proceeds ≈ $1,156,809.
- Price range: shares were sold in multiple tranches at prices between $38.82 and $39.60 (see filing footnote).
- Purpose: Footnote indicates sale was to cover withholding taxes on vested RSUs pursuant to a 10b5-1 sale-to-cover instruction dated June 9, 2025.
- Footnote also notes inclusion of 2,962 shares acquired May 15, 2026 under the company’s ESPP in the reporting calculations.
- Filing timeliness: Report appears timely (filed within required period); not flagged as late.
Context
- Sales to cover tax obligations (via 10b5-1 plans) are routine and often reflect liquidity needs from vesting, not necessarily a change in insider sentiment. Purchases generally carry more informational weight for investors than these kinds of tax-related sales.
Insider Transaction Report
Form 4
Ouster, Inc.OUST
Pacala Charles Angus
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-06-12$38.82/sh−29,797$1,156,809→ 1,072,201 total
Footnotes (3)
- [F1]Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units pursuant to a Rule 10b5-1 sale to cover instruction letter dated June 9, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.82 to $39.60. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Includes 2,962 shares of common stock acquired by the Reporting Person on May 15, 2026, pursuant to the Company's Amended and Restated 2022 Employee Stock Purchase Plan.
Signature
/s/ Megan Chung, as Attorney-in-Fact for Angus Pacala|2026-06-16