Ouster (OUST) General Counsel Megan Chung Sells Shares

What Happened

• Megan Chung, General Counsel and Secretary of Ouster, sold 11,484 shares on 2026-09-14 in open-market transactions for a reported total of $389,993 (weighted average price $33.96). This was a sale (routine liquidity), not a purchase.

Key Details

• Transaction date: 2026-09-14; filing date: 2026-09-16 (appears timely — filed within the Form 4 two-business-day window).
• Price(s): weighted average $33.96; individual sale prices ranged from $33.7051 to $33.9661.
• Shares sold: 11,484; proceeds reported: $389,993.
• Purpose/footnotes: F1 — shares were sold to cover withholding taxes incurred upon vesting and settlement of restricted stock units (RSUs) pursuant to a Rule 10b5-1 “sale to cover” instruction dated August 20, 2025. F2 — weighted-average price reported; the reporting person will provide per-price breakdown on request.
• Shares owned after the transaction: not specified in the information provided.

Context

• This was a tax-withholding sale tied to RSU vesting under a pre-established 10b5-1 plan — a common, non-speculative reason executives sell shares to cover tax obligations. The filing shows a sale (S) and not an exercise or gift.