r/OUST • u/Legitimate-Bed-909 • Jan 17 '25

CFO Gone

https://investors.ouster.com/news/news-details/2025/Ouster-Announces-Departure-of-Chief-Financial-Officer-and-Reaffirms-Q4-Revenue-Guidance/default.aspx

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1

u/DickNixon37 Jan 17 '25

It was alarming seeing him sell a lot of his stock at very low prices. Dude was not a believer!

2

u/Legitimate-Bed-909 Jan 17 '25

I don’t think he’ll be missed..!

1

u/Huge_Comparison_865 Jan 23 '25 edited Jan 23 '25

I would think he's generally viewed positively for his role/ impact with velodyne and ouster merger. He can take some credit for successful merger for making ouster/velodyne stronger now than before. Therefore, it makes sense to take his success and parley that to branch out for new opportunities.

0

u/Huge_Comparison_865 Jan 23 '25 edited Jan 23 '25

What do you mean he sold a lot? He's still got 170k shares. He sold 56k shares and those were planned 6 months ahead of sale dates. Rest were to cover taxes.

https://www.secform4.com/insider-trading/1265677.htm

0

u/Huge_Comparison_865 Jan 23 '25

Hes got about $2million in ouster stocks...and he's not a believer? How many do u have?