secwatch.observer — SEC 8-K summary
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Issuer:     Ouster, Inc. (OUST)
CIK:        0001816581
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001193125-24-251296
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ouster appoints Correia and Skaggs to board; adopts exec severance plan covering CEO, CFO, COO
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- Karin Rådström and Kristin Slanina resigned from Ouster board effective Nov 4; Rådström to serve on advisory board.
- Christina Correia and Stephen Skaggs elected to board effective Nov 4; Correia on Audit, Skaggs on Compensation.
- Board adopted Ouster Executive Change in Control and Severance Plan effective Nov 4; covers CEO Angus Pacala, CFO Mark Weinswig, COO Darien Spencer.
- Outside CIC: 12-month (CEO) or 6-month base salary severance. In CIC: 200%/100% base salary plus target bonus, accelerated equity vesting at target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816581/000119312524251296/0001193125-24-251296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816581/000119312524251296/d873558d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-251296

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer