Insider Trading January 21, 2026

Ouster’s General Counsel Executes $159K Stock Sale Amidst Mixed Financial Signals

Megan Chung’s share disposition occurs as Ouster navigates profitability challenges and strategizes for future growth in lidar technology sector

By Nina Shah OUST
Ouster’s General Counsel Executes $159K Stock Sale Amidst Mixed Financial Signals
OUST

Megan Chung, serving as General Counsel and Secretary of Ouster, Inc., sold 5,837 shares of company stock in a transaction valued at nearly $159,000 on January 16, 2026. The share price for this sale was $27.24 per share. This move coincides with ongoing volatility in Ouster’s stock, which has appreciated substantially over the past year but recently declined over the last week. The transaction was conducted under a pre-planned Rule 10b5-1 trading arrangement and leaves Chung with ownership of 183,141 shares. Meanwhile, the company reported mixed Q3 earnings results, including an earnings-per-share loss exceeding forecasts alongside revenue surpassing estimates, all within a context of strong liquidity and strategic corporate developments.

Key Points

  • Megan Chung, Ouster’s General Counsel and Secretary, sold 5,837 shares at $27.24 each under a pre-arranged 10b5-1 plan, maintaining substantial personal stock ownership.
  • Ouster reported Q3 2025 earnings with an EPS loss of $0.37, missing expectations, but revenue exceeded projections at $39.5 million.
  • The company maintains a strong liquidity position with a high current ratio and announced strategic corporate actions including lease amendments and a new board appointment.
  • Oppenheimer continues to rate Ouster as Outperform, highlighting the company’s industry leadership in lidar and perception technologies and positive software integration prospects.

On January 16, 2026, Megan Chung, who holds dual roles as General Counsel and Secretary for Ouster, Inc., sold a total of 5,837 shares of the lidar technology company’s stock. Each share was sold at $27.24, culminating in an aggregate transaction of approximately $158,999. This sale follows a period marked by considerable share price volatility for Ouster, which has experienced a significant 134.8% increase over the preceding year, offset recently by a 7.7% decline in the past week, based on InvestingPro data.

Post-sale, Chung retains direct ownership of 183,141 shares. Ouster’s financial standing remains robust, characterized by a balance sheet where cash reserves exceed debt obligations and an encouraging current ratio of 3.25 indicates that liquid assets comfortably cover short-term liabilities.

The sale was carried out under a Rule 10b5-1 trading plan established on June 4, 2025, providing a prearranged framework for the transaction. While Ouster continues to operate without profitability, fiscal projections suggest a revenue growth rate of approximately 33% for the current year. InvestingPro’s analysis places Ouster’s stock valuation slightly above its Fair Value, with detailed evaluations accessible through a comprehensive Pro Research Report offered to subscribers.

In recent corporate disclosures, Ouster released its financial results for the third quarter of 2025. The company reported an earnings per share loss of $0.37, considerably worse than analyst estimates projecting a $0.16 loss per share. Conversely, revenue during this period reached $39.5 million, surpassing the $36.9 million expected. Further exhibiting confidence in Ouster’s market position, Oppenheimer reaffirmed an Outperform rating, assigning a price target of $39. The firm cited Ouster’s leadership in perception technology and integration of software solutions as key factors underpinning this outlook.

Additional strategic announcements include an amendment to the lease agreement for Ouster’s headquarters in San Francisco, extending the lease term until 2034 while negotiating a reduction in annual base rent effective 2026. Moreover, the company appointed Phillip M. Eyler, an experienced professional from the automotive technology sector, to the Board of Directors. Eyler will contribute expertise as a member of the Compensation Committee, reinforcing the company's governance framework.

These developments collectively underscore Ouster's efforts to reinforce its market positioning and operational foundation amid the evolving technological landscape and market dynamics.

Risks

  • Despite revenue growth, Ouster remains unprofitable, as evidenced by larger-than-anticipated earnings losses, which may concern investors about the path to sustained profitability.
  • Recent stock price volatility, including a recent 7.7% weekly decline, indicates market uncertainty about Ouster’s valuation and growth prospects.
  • The company’s reliance on lease agreements and capital-intensive technology development introduces operational and financial risks amid a competitive and rapidly evolving sector.

More from Insider Trading

Planet 13 VP of Operations Sells 25,000 Shares as Company Reports Q3 Revenue and Strategic Shift Feb 2, 2026 Popular Inc. Director Sells $312,700 in Stock as Analysts Lift Targets After Strong Q4 EPS Feb 2, 2026 Robert de Rothschild Disposes $3.7M in PrimeEnergy (PNRG) Stock Over Two Days Feb 2, 2026 Elutia director buys $20,800 in Class A shares as company reports revenue gain and Nasdaq notice Feb 2, 2026 Symbotic Accounting Chief Disposes $457,722 in Shares as Company Prices 10M-Share Offering; Goldman Lowers Rating Feb 2, 2026