{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-172705","form_type":"8-K","ticker":"OUST","cik":"0001816581","company_name":"Ouster, Inc.","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.801604+00:00","generated_at":"2026-06-13T19:15:11.673475+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ouster announces cost-cutting measures with workforce reduction; expects $7.5M-$9.0M charges","bullets":["Aggregate restructuring charges estimated between $7.5M and $9.0M.","Cash termination benefits of $3.0M-$3.5M; non-cash stock-based comp charge of $4.5M-$5.5M.","Reduction in force as part of the cost-cutting initiatives.","Restructuring expected to be substantially completed by end of fiscal year 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-172705","json":"https://secwatch.observer/filing/0001193125-23-172705.json","markdown":"https://secwatch.observer/filing/0001193125-23-172705.md","text":"https://secwatch.observer/filing/0001193125-23-172705.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523172705/0001193125-23-172705-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523172705/d498543d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:15:11.673475+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ae316eedcb23eb846077bfaea4500c8d28c131b","claim":"Ouster, Inc. announced a restructuring with charges of approximately $7.5 million - $9.0 million of aggregate charges (a reduction in force).","evidence_excerpt":"On June 22, 2023, Ouster, Inc. (the \"Company\" or \"Ouster\") announced a series of cost cutting measures, including a reduction in force (collectively, the \"Restructuring Initiatives\"). The Restructuring Initiatives are expected to result in a range of approximately $7.5 million - $9.0 million of aggregate charges, which are anticipated to include $3.0 million - $3.5 million of one-time cash termination benefits and approximately $4.5 million - $5.5 million of non-cash stock-based compensation charge related to the vesting of share-based awards for employees who are terminated.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523172705/0001193125-23-172705-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $7.5 million - $9.0 million of aggregate charges"},{"label":"Headcount","value":"a reduction in force"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}