Pacala Charles Angus 4
4 · Ouster, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Ouster CEO Charles Pacala Sells 24,657 Shares
What Happened Charles (Chuck) Pacala, President, CEO and a director of Ouster, Inc. (OUST), sold 24,657 shares on 2026-03-12 in transactions that generated roughly $577,649. The reported weighted-average price was $23.43; individual trade prices ranged from $22.85 to $23.4522. This was a sale (not a purchase) and appears to be a routine sale to cover tax withholding on vested restricted stock units.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (filed within the standard two-business-day window).
- Shares sold: 24,657; weighted-average price: $23.43; total proceeds ≈ $577,649.
- Price range (multiple trades): $22.85 to $23.4522 (reporting person can provide per-trade details on request).
- Footnote: Sale made to cover withholding taxes on RSU vesting pursuant to a Rule 10b5-1 “sale to cover” instruction dated June 9, 2025.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
Context This sale was a tax-withholding sale tied to RSU settlement under a 10b5-1 plan, which is a common administrative transaction and not an explicit vote of confidence or lack thereof in the company. For retail investors, purchases typically carry more informational weight; this filing documents routine insider tax-related selling rather than a discretionary liquidity-driven trade disclosed as such.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-12$23.43/sh−24,657$577,649→ 960,660 total
Footnotes (2)
- [F1]Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units pursuant to a Rule 10b5-1 sale to cover instruction letter dated June 9, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.8500 to $23.4522. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.