The insider sales are quantitatively too small relative to market cap to warrant repositioning. COO Spencer's sale is the most notable but still far below the 0.1% materiality threshold. Monitor upcoming quarterly filings and any additional SEC filings (8-K, S-3, SC 13D) for substantive corporate events that could explain or amplify the cluster, but standalone this cluster does not suggest informed selling.
Price Chart
Executive Summary
Two Ouster insiders sold a total of $1.41M in stock over a 7-day window, led by COO Darien Spencer's $1.35M open-market sale at ~$45/share. The cluster represents roughly 0.045% of Ouster's $3.1B market cap — below the 0.1% materiality threshold — and is dominated by a single executive; the other sale by Director Skaggs is minor. Per the academic literature, insider sales clusters are weakly predictive, especially with low proportionality to market cap, and no pattern suggests informational selling over routine liquidity management.
Key Financial Metrics
Key Facts
- COO Darien Spencer sold 30,000 shares worth $1.35M on 2026-08-04 at ~$45/share.
- Director Stephen Skaggs made two small sales totaling $227,702 on 2026-08-05 and 2026-08-06.
- Total insider selling in the 7-day window: $1.41M, approximately 0.045% of Ouster's $3.1B market cap.
- All transactions were open-market sales (code S); no grants, exercises, or non-cash dispositions were reported.
- The total value of cluster sells is well under 0.1% of market cap, falling into the 'trivial, routine' proportionality band per the analysis framework.
Financial Impact
Approximately $1.41M in insider selling, or ~0.045% of Ouster's $3.1B market cap.
Risk Factors
- COO selling 30,000 shares could be a liquidity event tied to vesting or a 10b5-1 plan, but the filing does not indicate a plan.
- No evidence of C-suite cluster selling — only one C-suite executive participated, limiting the signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OUST-1786143925734 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 5w ago | Insider Cluster | $34.95 $31.33 | ▲ +10.36% | ▲ +11.56% | $29.71 (+14.99%) |
Sep 11, 2026 6w ago | 144 | $33.46 $37.27 | ▲ +11.39% | ▲ +9.12% | $29.71 (−11.21%) |
Sep 11, 2026 6w ago | 144 | $33.46 $37.27 | ▲ +11.39% | ▲ +9.12% | $29.71 (−11.21%) |
Aug 18, 2026 9w ago | 144 | $40.06 $32.79 | ▼ −18.15% | ▼ −16.63% | $29.71 (−25.84%) |
Aug 7, 2026 11w ago | Insider Cluster | $42.13 $38.05 | ▼ −9.68% | ▼ −8.77% | $29.71 (−29.48%) |
Aug 6, 2026 11w ago | 144 | $43.40 $36.43 | ▼ −16.06% | ▼ −15.66% | $29.71 (−31.54%) |
Jul 6, 2026 16w ago | 8-K | $44.06 $42.48 | ▼ −3.59% | ▼ −4.92% | $29.71 (−32.57%) |
Jul 6, 2026 16w ago | 424B5 | $49.83 $39.01 | ▲ +21.71% | ▲ +21.15% | $29.71 (+40.38%) |
Jul 2, 2026 16w ago | 424B5 | $49.84 $35.53 | ▲ +28.71% | ▲ +28.30% | $29.71 (+40.39%) |
Jul 1, 2026 16w ago | S-3ASR | $49.84 $35.53 | ▼ −28.71% | ▼ −28.30% | $29.71 (−40.39%) |
US Market Status
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