Eyler Phillip 4

What Happened

• Phillip Eyler, a director of Ouster, Inc. (OUST), was granted 4,725 restricted stock units (RSUs) on 2026-06-17. The award was recorded at an acquisition price of $0 (total grant cost $0 to the Reporting Person). This is a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22.
• Award: 4,725 RSUs; acquisition price shown as $0; no immediate cash proceeds.
• Shares owned after transaction: not specified in the filing.
• Footnote: The RSUs each represent a contingent right to one share. They vest in quarterly installments through the earlier of June 17, 2027 or the Company’s 2027 annual meeting, subject to continued service; RSUs have no expiration and will be settled upon a change in control or separation from service (see footnote F1).
• Timeliness: The Form 4 was filed five calendar days after the transaction date, which appears later than the SEC’s usual two-business-day reporting requirement for insiders.

Context

• RSU grants are a common form of director/employee compensation and are not the same as buying shares on the open market—vesting conditions determine when the recipient actually receives shares.
• This transaction is a grant (award) rather than a purchase or sale and therefore does not by itself indicate immediate insider buying or selling pressure.