Key transaction details
Ouster, Inc. (NASDAQ: OUST) Chief Technology Officer Mark Frichtl sold 30,000 shares of the company’s common stock on April 17, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The sale produced total proceeds of $754,395, executed at a weighted average price of $25.1465. The shares were sold in multiple transactions at prices ranging from $25.00 to $25.30.
The filing shows the disposition was made pursuant to a Rule 10b5-1 plan that Frichtl established on December 15, 2025. After the sale, Frichtl’s direct ownership of Ouster common stock stands at 712,297 shares.
Options exercise on the same date
On April 17, 2026, Frichtl also exercised options to acquire 30,000 shares of Ouster common stock at an exercise price of $2.13 per share, for a total outlay of $63,900. The filing identifies those options as fully vested and exercisable. Following the exercise, Frichtl holds 186,434 non-qualified stock options; those options carry an expiration date of October 1, 2030.
Market context and performance
At the time of the transactions, Ouster’s shares were trading at $24.26. The company’s stock has recorded a notable 247% increase over the past year. The filing and market data also note that share-price movements have been volatile.
Recent financial results and analyst reactions
Ouster reported fourth-quarter results for 2025 that outpaced expectations. Revenue for the quarter reached approximately $62 million, above both the Visible Alpha consensus estimate of $41.2 million and Cantor Fitzgerald’s forecast of $41.1 million. The company’s GAAP gross margin was reported at about 60%, outstripping the consensus margin of 36%.
Ouster posted earnings per share of $0.06 for the quarter, beating the anticipated loss of $0.14. In response to the outsized results and the company’s guidance into the first quarter of fiscal 2026, Oppenheimer raised its price target for Ouster to $40. Cantor Fitzgerald reiterated an Overweight rating on the stock.
Leadership and product revenue trends
Separately, Ouster promoted Cyrille Jacquemet to Chief Revenue Officer; Jacquemet has been with the company since 2018. The company also reported twelve consecutive quarters of product revenue growth.
Summary of the filing and company updates
- CTO Mark Frichtl sold 30,000 shares on April 17, 2026, for $754,395 at a weighted average price of $25.1465.
- The sale was executed under a Rule 10b5-1 plan dated December 15, 2025; Frichtl now directly owns 712,297 shares.
- On the same day Frichtl exercised 30,000 options at $2.13 (total $63,900); he now holds 186,434 non-qualified options expiring October 1, 2030.
- Ouster’s Q4 2025 revenue (~$62 million), GAAP gross margin (~60%), and EPS ($0.06) all exceeded consensus expectations; Oppenheimer raised its price target to $40 and Cantor Fitzgerald reiterated an Overweight rating.