The Motley FoolAug 6, 2026, 7:36 PM
Ouster's COO Sold 30,000 Shares for $1.4 Million. Here's a Deeper Look at the Transaction.
Ouster's Chief Operating Officer Darien Spencer sold 30,000 shares for $1.4 million on August 4, 2026, at $45 per share through a pre-scheduled Rule 10b5-1 plan. Despite the sale, Spencer retained approximately 300,000 shares worth $14.34 million, maintaining a 0.47% ownership stake. The transaction occurred after the stock achieved a 100% total return over the past 12 months, and analysts view it as a non-concerning diversification move rather than a sign of lost confidence in the company.
