RxSight officer sells 2,041 shares after RSU vest
Rhea-AI Filing Summary
RxSight, Inc. (RXST) reported that Chief Business Development Officer Eric Weinberg had restricted stock units convert into 5,370 shares of Common Stock on August 31, 2026, with no exercise price, and that 2,041 shares of Common Stock were sold on September 2, 2026 at $6.96 per share. According to the company, the 2,041 shares sold "represent the number of shares sold to cover the tax withholding obligations in connection with the vesting of RSUs and does not represent a discretionary sale" by Weinberg, and no Rule 10b5-1 trading plan is reported. After these events, Weinberg continues to hold Common Stock indirectly through the EJW Living Trust and his spouse, and retains a significant RSU position scheduled to vest in six installments between August 31, 2026 and February 28, 2029, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 2,041 | $6.96 | $14K |
| Exercise | Restricted Stock Unit F1, F5 | 5,370 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 5,370 | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Includes 1,668 shares of Common Stock acquired October 31, 2025 under the Issuer's 2021 Employee Stock Purchase Plan.
- F3. Represents the number of shares sold to cover the tax withholding obligations in connection with the vesting of RSUs and does not represent a discretionary sale by the Reporting Person.
- F4. Shares held by the EJW Living Trust, for which the Reporting Person serves as trustee.
- F5. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan (the "Plan")) through each applicable date, one-sixth (1/6th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2026, February 28, 2027, August 31, 2027, February 28, 2028, August 31, 2028 and February 28, 2029.
Key Figures
Key Terms
Restricted Stock Unit financial
EJW Living Trust financial
Service Provider financial
Trading Day financial
FAQ
What did RXST officer Eric Weinberg report in this Form 4?
Was the RXST stock sale by Eric Weinberg a discretionary sale?
How many RSUs did Eric Weinberg have vest into RXST Common Stock?
What continuing equity stake in RXST is held through the EJW Living Trust?
How will Eric Weinberg’s remaining RXST RSUs vest over time?
Were the RXST transactions by Eric Weinberg made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.