Outset Medical (OM) CEO Trigg Leslie Sells 3,437 Shares

What Happened

Trigg Leslie, Chair, CEO and a director of Outset Medical (OM), disposed of 3,437 shares of company stock on August 17, 2026, at $4.39 per share, generating proceeds of approximately $15,088. This was a "sell-to-cover" transaction executed to satisfy tax withholding obligations tied to RSUs that vested — not a discretionary open-market sale.

Key Details

• Transaction date: 2026-08-17 (filed on 2026-08-18) — timely filing.
• Shares sold: 3,437 at $4.39 per share; total proceeds ≈ $15,088.
• Reason (footnote): Sale required to cover tax withholding for the vesting of an aggregate 9,319 RSUs granted Jan 12, 2024 and June 10, 2025.
• Nature of transaction code: S (Sale); footnote indicates tax withholding (F-type context).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

A sell-to-cover is a common administrative transaction when restricted stock/RSUs vest and taxes are due; it generally does not indicate a change in the insider’s view of the company. There is no indication this was part of a 10b5-1 plan or a discretionary trade.