Brottem John L. 4
Research Summary
AI-generated summary
Outset Medical (OM) General Counsel John Brottem Sells 2,842 Shares
What Happened John L. Brottem, General Counsel of Outset Medical, disposed of 2,842 shares of Outset common stock in an open-market sale on February 17, 2026 at $3.35 per share, for total proceeds of $9,521. The filing shows this was a sell-to-cover tied to RSU vesting rather than a discretionary sale.
Key Details
- Transaction date and price: 2026-02-17, sale at $3.35 per share.
- Shares sold/amount: 2,842 shares; proceeds ~$9,521.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Sale required to cover partial tax withholding for the vesting of 5,032 RSUs awarded Jan 12, 2024 and Jun 10, 2025; described as a sell-to-cover, not a discretionary trade.
- Filing: Report filed Feb 19, 2026 reporting the 2/17/2026 transaction — appears timely based on typical Form 4 deadlines.
Context This was a routine sell-to-cover to satisfy tax withholding on vested RSUs, which is common and does not necessarily indicate a change in the insider’s view of the company. The dollar amount is modest relative to typical executive trades; treat this as an administrative transaction rather than a buy/sell signal.