Ouster (OUST) CFO Kenneth Gianella Sells 15,686 Shares

What Happened Kenneth P. Gianella, Chief Financial Officer of Ouster, sold 15,686 shares on 2026-09-14 in an open-market sale, generating approximately $532,682 in proceeds. The reported weighted-average price was $33.96 per share (range $33.705–$33.9661). This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (appears timely).
• Shares sold: 15,686; weighted-average price: $33.96; price range: $33.705–$33.9661.
• Proceeds: ~$532,682.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: Sale was to cover withholding taxes incurred upon vesting/settlement of restricted stock units, executed pursuant to a Rule 10b5-1 "sale to cover" instruction dated August 20, 2025 (F1). F2 notes the weighted-average price and offers to provide a per-price breakdown on request.

Context A "sale to cover" under a 10b5-1 plan is a routine tax-withholding transaction tied to RSU vesting and is generally viewed as administrative rather than a directional bet on the stock. Retail investors typically treat such tax-related sales as less informative about insider sentiment than voluntary open-market purchases.