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Ouster Director Sells $33,900 in Shares
Ted Tewksbury III reduces stake by 1.37% through stock sale
Mar. 24, 2026 at 8:38am by Ben Kaplan
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Ouster, Inc. (NYSE:OUST) Director Ted Tewksbury III sold 1,695 shares of the company's stock on March 19 at an average price of $20.00, for a total transaction of $33,900. Following the sale, Tewksbury directly owns 121,969 shares of Ouster, valued at $2,439,380. This represents a 1.37% decrease in his position.
Why it matters
Insider transactions, such as stock sales by directors, can provide insights into a company's performance and future prospects. Tewksbury's sale, while relatively small, may signal his confidence in Ouster's current valuation or a desire to diversify his personal holdings.
The details
The sale was disclosed in a legal filing with the SEC. Ouster is a leading provider of high-resolution digital lidar sensors, software, and services for a range of industries, including autonomous vehicles, robotics, and industrial automation.
- The stock sale occurred on March 19, 2026.
The players
Ted Tewksbury III
A director of Ouster, Inc.
Ouster, Inc.
A company that provides high-resolution digital lidar sensors, software, and services for various industries.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident
The takeaway
This insider transaction provides a glimpse into the confidence and portfolio management decisions of an Ouster director, but does not necessarily indicate any broader trends or issues with the company's performance or outlook.
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