RxSight CMO sells 5,100 shares to cover RSU taxes
RxSight’s chief medical officer reported RSU vesting, a related tax withholding sale, and substantial indirect holdings via Cricklewood LP.
Rhea-AI Filing Summary
RxSight, Inc. (RXST) reported that Chief Medical Officer Ronald M. Kurtz, MD had 13,425 Restricted Stock Units vest on August 31, 2026, converting into 13,425 shares of common stock. On the same date, he continued to hold 67,120 RSUs directly. On September 2, 2026, 5,100 common shares were sold at $6.96 per share to satisfy tax withholding obligations related to this RSU vesting, which the company notes did not represent a discretionary sale. Separately, 764,610 common shares are held indirectly through Cricklewood LP, an entity over which Dr. Kurtz shares voting and investment control with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Kurtz Ronald M MD
Role
Chief Medical Officer
Sold
5,100 shs ($35K)
Approx. gross sale proceeds
$35K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 5,100 | $6.96 | $35K |
| Exercise | Restricted Stock Unit F1, F4 | 13,425 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 13,425 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 67,120 contracts (Direct);
Common Stock — 71,775 shares (Direct);
Common Stock — 764,610 shares (Indirect, See footnote)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. 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.
- F3. Shares held by Cricklewood LP. The Reporting Person is the manager of the general partner of Cricklewood LP and shares voting and investment control of the general partner of Cricklewood LP with his spouse.
- F4. 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
Shares sold to cover taxes: 5,100 shares
Sale price per share: $6.96 per share
RSUs vested and converted: 13,425 units/shares
+2 more
5 metrics
Shares sold to cover taxes
5,100 shares
Common stock sale on September 2, 2026 to satisfy tax withholding on RSU vesting
Sale price per share
$6.96 per share
Price for 5,100 common shares sold on September 2, 2026
RSUs vested and converted
13,425 units/shares
Restricted Stock Units that vested and converted into common stock on August 31, 2026
RSUs held after transaction
67,120 units
Restricted Stock Units directly held by the reporting person after August 31, 2026
Indirectly held common shares
764,610 shares
Common stock held indirectly through Cricklewood LP as of August 31, 2026
Key Terms
Restricted Stock Unit, tax withholding obligations, Service Provider, Trading Day, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"Represents the number of shares sold to cover the tax withholding obligations"
Service Provider financial
"Subject to the Reporting Person continuing to be a Service Provider"
Trading Day financial
"shall vest on the first Trading Day on or after each of August 31, 2026"
A trading day is a calendar day when a stock exchange is open and securities can be bought or sold during its set market hours, like a store’s regular business hours. It matters to investors because price changes, order execution, daily volume, and settlement timing are tied to trading days, so performance, deadlines for trades or option expirations, and short-term strategies are measured and planned around them.
Equity Incentive Plan financial
"as defined in the Issuer's 2021 Equity Incentive Plan (the "Plan")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transactions did RxSight (RXST) report for Ronald M. Kurtz, MD?
The filing reports vesting of 13,425 RSUs into 13,425 common shares on August 31, 2026, and a sale of 5,100 shares on September 2, 2026 to cover tax withholding obligations related to that vesting.
How many Restricted Stock Units does the RxSight (RXST) CMO still hold after these transactions?
After the August 31, 2026 vesting and conversion, Ronald M. Kurtz, MD is reported to hold 67,120 Restricted Stock Units directly, each representing a contingent right to receive one share of RxSight common stock.
Was the RxSight (RXST) insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, and the footnotes describe the 5,100-share sale as being solely to cover tax withholding on RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
