Ouster CEO Sells Shares Worth $1 Million Amid Pre-Arranged Tax Obligations
Angus Pacala, the CEO of Ouster (NASDAQ: OUST), sold 30,385 shares worth approximately $1 million on September 14, 2026. The transaction was a non-discretionary 'sell-to-cover' event triggered by the vesting and settlement of restricted stock units to satisfy tax obligations under an automated instruction letter dated June 9, 2025. Following this sale, Pacala retains ownership of approximately one million shares valued at around $34.86 million as of September 14 market close. Ouster's stock has delivered a total return of 16% over the past year despite recent volatility and a decline from its 52-week high in June. The company, which designs lidar sensor systems for autonomous vehicles and industrial applications, reported $204.9 million in trailing twelve-month revenue but also posted net losses of $53.3 million during that period.
Tickers: $OUST
Topics: executive activity restricted stock units stock sales