RxSight CFO exchanges 258K options at $6.375
RxSight’s CFO exchanged a 258,770-share option for a new option at a lower $6.375 exercise price with a revised vesting schedule.
Sentiment and the balance of points
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Rhea-AI Filing Summary
RxSight, Inc. (RXST) reported that Chief Financial Officer Mark Wilterding participated in an option exchange on September 5, 2026. An existing stock option for 258,770 shares with a $10.09 exercise price was returned to the issuer and replaced on a 1:1 basis with a new option for 258,770 shares at a $6.375 exercise price. The new option vests in equal monthly installments over 24 months starting February 28, 2027, contingent on continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) F2, F1 | 258,770 | -- | -- |
| Grant/Award | Stock Option (right to buy) F2, F3 | 258,770 | -- | -- |
Footnotes (3)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 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 January 11, 2026 (the "Vesting Commencement Date"), and the remaining shares subject to the options shall vesting equally monthly 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) over the following three years, such that all of the shares subject to the option shall be fully vested four years from the Vesting Commencement Date.
- F2. On September 5, 2026, in connection with the Issuer's option exchange program, the Issuer exchanged the Reporting Person's outstanding option on a 1:1 basis with a post-exchange exercise price of $6.375 per share.
- F3. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one twenty-fourth (1/24th) of the shares subject to the option will vest on February 28, 2027 and in equal monthly installments thereafter.
Key Figures
Key Terms
option exchange program financial
Vesting Commencement Date financial
Service Provider financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RxSight (RXST) report for its CFO?
How many RxSight (RXST) options were involved in the CFO’s option exchange?
What are the exercise prices of the RxSight (RXST) options in this Form 4?
What is the vesting schedule for the new RxSight (RXST) option granted to the CFO?
Was the RxSight (RXST) CFO’s option exchange under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.