Ouster General Counsel Sells Over $144,000 in Shares

Megan Chung, Ouster's General Counsel, offloaded nearly 6,000 shares of the company's stock.

Apr. 17, 2026 at 9:50pm by

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Ouster, Inc. (NYSE:OUST) General Counsel Megan Chung sold 5,837 shares of the company's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $24.70, for a total value of $144,173.90. Following the completion of the transaction, Chung directly owned 213,836 shares in the company, valued at approximately $5,281,749.20.

Why it matters

This insider sale represents a 2.66% decrease in Chung's position and could signal a potential shift in confidence or strategy at the company. Insider transactions are closely watched by investors as they can provide insights into a company's future prospects.

The details

Chung's sale of 5,837 shares was disclosed in a legal filing with the Securities & Exchange Commission. The transaction took place on Thursday, April 16th, with the shares sold at an average price of $24.70. This reduced Chung's direct ownership to 213,836 shares, valued at approximately $5.28 million.

  • The share sale transaction occurred on Thursday, April 16th, 2026.

The players

Megan Chung

The General Counsel 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.

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The takeaway

This insider sale by Ouster's General Counsel, Megan Chung, could raise questions about the company's short-term outlook, though it's important to note that insider transactions don't necessarily indicate broader trends. Investors will likely continue to closely monitor Ouster's performance and any further changes in its leadership's holdings.