RxSight grants CEO new RSUs and stock options
RxSight, Inc. granted President and CEO Aziz Mottiwala 2,312,138 restricted stock units, each representing a contingent right to one share of Common Stock, and stock options for 571,286 shares at an exercise price of $5.19 per share.
Rhea-AI Filing Summary
RxSight, Inc. granted President and CEO Aziz Mottiwala 2,312,138 restricted stock units, each representing a contingent right to one share of Common Stock, and stock options for 571,286 shares at an exercise price of $5.19 per share. The RSUs and options vest over multi-year schedules contingent on continued service, with resulting direct holdings equal to the granted amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 2,312,138 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F3 | 571,286 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2026 Inducement Equity Incentive Plan) through each applicable date, twenty percent (20%) of the RSUs subject to the award shall vest on the one year anniversary of the grant date, twenty percent (20%) of the RSUs subject to the award shall vest on the two year anniversary of the grant date, and 60% of the RSUs subject to the award shall vest on the three year anniversary of the grant date.
- F3. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2026 Inducement Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option shall vest on the one year anniversary of the Vesting Commencement Date, and, thereafter, one forty-eighth (1/48th) of the shares subject to the option shall vest each month on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean July 24, 2026.
Key Figures
Key Terms
Restricted Stock Unit financial
Inducement Equity Incentive Plan financial
Vesting Commencement Date financial
Stock Option (right to buy) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did RxSight (RXST) grant to CEO Aziz Mottiwala in this Form 4?
How do the 2,312,138 RSUs granted to the RxSight (RXST) CEO vest?
What are the key terms of the 571,286 stock options reported for RxSight (RXST)?
Are the RxSight (RXST) CEO’s reported RSU and option holdings direct or indirect?
What plan governs the new equity awards to the RxSight (RXST) CEO?
What does each restricted stock unit represent in the RxSight (RXST) CEO’s award?
AI-generated analysis. How Rhea-AI works. Not financial advice.