Ouster Executives Sell Shares to Cover Taxes
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Spencer Darien | Chief Operating Officer | Sell | $23,691 | Form 4 |
| Chung Megan | General Counsel and Secretary | Sell | $16,295 | Form 4 |
| Weinswig Mark | Chief Financial Officer | Sell | $15,654 | Form 4 |
Several executives at Ouster, a leading technology firm, have recently sold shares of the company's common stock to cover withholding taxes for vested restricted stock units, according to SEC Form 4 filings.
Spencer Darien, the Chief Operating Officer, sold 3,844 shares at a price of $6.1633 per share, totaling $23,691. Following this transaction, Darien directly owns 305,875 shares of Ouster.
Megan Chung, General Counsel and Secretary, sold 2,644 shares at the same price, amounting to $16,295. Post-sale, Chung directly owns 160,707 shares.
Chief Financial Officer Mark Weinswig also participated, selling 2,540 shares at $6.1633 each, for a total of $15,654. Weinswig's direct ownership after the sale is 227,047 shares.