Heystee Susan 4
Research Summary
AI-generated summary
Ouster Director Susan Heystee Receives 660-Share Award
What Happened Susan Heystee, a director of Ouster, Inc. (OUST), acquired 660 shares of common stock on July 6, 2026. The award was recorded at $49.83 per share for a total value of $32,888. This was an award/grant (code A) — shares granted as compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-06; Price: $49.83 per share; Shares granted: 660; Total value: $32,888.
- Filing date: 2026-07-08 (Form 4 accession 0001193125-26-298524) — appears timely.
- Transaction code: A (award/grant).
- Footnote F1: Shares were received in lieu of cash fees under the Company’s Third Amended and Restated Non-Employee Director Compensation Program.
- Shares owned after the transaction: Not disclosed in the provided filing excerpt.
Context Awards issued in lieu of cash are a common form of non-employee director compensation and are typically routine; they don’t necessarily signal the director’s buying or selling conviction. For retail investors, outright purchases (cash buys) can be more informative about insider sentiment than compensatory awards.