The CEO's Form 144 is largely non-discretionary tax withholding, but the $15K open-market component is a small signal. On its own, this is routine. Watch for any additional insider filings or a Form 4 confirming actual sales. No immediate trade action warranted.
Price Chart
Executive Summary
CEO Leslie Trigg filed two Form 144 notices on August 14, 2026, signaling intent to sell a combined 21,175 shares of Outset Medical common stock with an approximate total value of ~$39,725 (based on $4.51 share price from prior close). The larger block of 9,319 shares is a sell-to-cover for RSU vesting tax withholding, explicitly noted as non-discretionary. The smaller block of 3,445 shares is a discretionary open-market sale.
Key Facts
- CEO Leslie Trigg filed two Form 144s on August 14, 2026, covering up to 9,319 + 3,445 = 12,764 shares in the aggregate; however the first filing shows 3,344 shares at ~$15,079.88 and the second shows 3,445 shares at ~$12,746.50, with the larger block (9,319) covering both a prior 3,445 RSU settlement and the new 3,344 sell-to-cover, resulting in a net new proposed sale of 3,344 shares.
- One block (3,445 shares) is explicitly labeled as a sell-to-cover for RSU tax withholding, noted as not a discretionary trade.
- The filing was made on August 14, 2026, with a proposed sale date of August 17, 2026.
- Outset Medical has an $80M market cap; the proposed sale value of ~$15,080 for the 3,344 shares is ~0.02% of market cap, very small in absolute terms.
Financial Impact
Proposed sale of 3,344 shares at an estimated ~$4.51/share ~ $15,080; plus a previously settled 3,445-share RSU tax-withholding sale. Total value ~$27,826. De minimis relative to $80M market cap.
Risk Factors
- CEO may be reducing exposure ahead of upcoming earnings or liquidity event.
- Form 144 only signals intent — sale may not execute.
- Micro-cap with $80M market cap is inherently volatile; insider selling patterns can amplify moves.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (OM) — Batch item 1 | 0001304125-26-000008 |
| Document: 0001304125-26-000008-index.html | 0001304125-26-000008 |
| Document: 0001304125-26-000008.txt | 0001304125-26-000008 |
| 144 Filing (OM) — Batch item 4 | 0001304125-26-000008 |
| Document: 0001304125-26-000008-index.html | 0001304125-26-000008 |
| Document: 0001304125-26-000008.txt | 0001304125-26-000008 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Press Release | $4.17 | awaiting T+5 | — | $4.10 (−1.68%) |
Oct 6, 2026 20d ago | SC 13G/A | $4.21 $3.84 | ▼ −8.79% | ▼ −7.81% | $4.10 (−2.61%) |
Aug 28, 2026 8w ago | 8-K | $3.82 $3.47 | ▼ −9.16% | ▼ −9.02% | $4.10 (+7.33%) |
Aug 14, 2026 10w ago | 144 | $4.51 $4.19 | ▲ +7.10% | ▲ +5.90% | $4.10 (+9.09%) |
Jun 11, 2026 19w ago | Institutional Cluster | $4.30 $4.02 | ▼ −6.51% | ▼ −6.95% | $4.10 (−4.65%) |
May 19, 2026 22w ago | Insider Cluster | $4.38 $5.01 | ▲ +14.38% | ▲ +12.58% | $4.10 (−6.39%) |
May 15, 2026 23w ago | 144 | $3.72 $4.40 | ▲ +18.28% | ▲ +16.66% | $4.10 (+10.22%) |
Apr 27, 2026 26w ago | Press Release | $4.32 $4.33 | ▲ +0.23% | ▼ −1.46% | $4.10 (−5.09%) |
Apr 24, 2026 26w ago | DEFA14A | $4.41 $4.33 | ▼ −1.81% | ▼ −2.21% | $4.10 (−7.03%) |
Apr 8, 2026 28w ago | Press Release | $4.32 $4.40 | ▲ +1.85% | ▼ −1.33% | $4.10 (−5.09%) |
US Market Status
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