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Ouster CEO Sells $577,713 in Stock
Angus Pacala, CEO of the lidar sensor company, reduces stake by 2.5%
Mar. 19, 2026 at 9:13am by Ben Kaplan
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Ouster, Inc. (NYSE:OUST) CEO Charles Angus Pacala sold 24,657 shares of Ouster stock on March 12th, 2026 for a total value of $577,713.51. The sale represented a 2.5% decrease in Pacala's ownership stake in the company, which is a leading provider of high-resolution digital lidar sensors, software, and services.
Why it matters
Insider transactions, especially by top executives, can provide insights into a company's performance and future prospects. Pacala's stock sale, while relatively small, may signal his confidence in Ouster's current valuation or a desire to diversify his personal holdings.
The details
Pacala sold the shares at an average price of $23.43, reducing his total ownership to 960,660 shares valued at approximately $22.5 million. Ouster's stock has traded in a range of $6.34 to $41.65 over the past 12 months, with a current market capitalization of $1.24 billion.
- The stock sale occurred on Thursday, March 12th, 2026.
The players
Charles Angus Pacala
The CEO of Ouster, Inc., a leading provider of high-resolution digital lidar sensors, software, and services.
Ouster, Inc.
A San Francisco-based company that develops modular lidar solutions for applications ranging from autonomous vehicles and robotics to mapping, smart infrastructure, and industrial automation.
The takeaway
Pacala's stock sale, while relatively small, may signal his confidence in Ouster's current valuation or a desire to diversify his personal holdings. Insider transactions can provide insights into a company's performance and future prospects, and investors will likely be watching Ouster's stock closely in the coming months.
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