RxSight (RXST) director receives 37,037 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warner Robert Keith reported acquisition or exercise transactions in this Form 4 filing.
RxSight, Inc. director Robert Keith Warner received an equity award of 37,037 restricted stock units (RSUs) of common stock as compensation. Each RSU represents one share of RxSight common stock, bringing his direct holdings to 78,076 shares following the grant.
The RSUs will vest in full if he continues as an Outside Director until the earlier of the one-year anniversary of the June 17, 2026 grant date or the next annual meeting of stockholders after that date. This is a non-cash award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Warner Robert Keith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,037 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 78,076 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of RxSight, Inc. Common Stock. Subject to the Reporting Person's continuing as an Outside Director (as defined in the Issuer's 2021 Equity Incentive Plan) through such applicable vesting date, one hundred percent (100%) of the RSUs subject to the award shall vest on the earlier of (i) the one (1) year anniversary of the Date of Grant or (ii) the date of the next annual meeting of stockholders following the Date of Grant. "Date of Grant" shall mean June 17, 2026.
Key Figures
RSU grant size: 37,037 RSUs
Shares after grant: 78,076 shares
Grant date: June 17, 2026
+2 more
5 metrics
RSU grant size
37,037 RSUs
Restricted stock unit award to Outside Director on June 17, 2026
Shares after grant
78,076 shares
Director’s direct common stock holdings following the RSU award
Grant date
June 17, 2026
Defined as the Date of Grant for RSU vesting conditions
Vesting schedule
100% cliff vesting
Earlier of one-year after grant or next annual stockholder meeting
Award price per share
$0.00 per share
Non-cash grant; compensation-based acquisition of RSUs
Key Terms
restricted stock unit ("RSU"), Outside Director, 2021 Equity Incentive Plan
3 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Outside Director financial
"Subject to the Reporting Person's continuing as an Outside Director through such applicable vesting date"
2021 Equity Incentive Plan financial
"Outside Director (as defined in the Issuer's 2021 Equity Incentive Plan) through such applicable vesting date"
FAQ
What did the RxSight (RXST) director report in this Form 4?
The filing shows director Robert Keith Warner received 37,037 restricted stock units. These RSUs are a stock-based compensation award, not an open-market purchase, and increase his direct holdings to 78,076 shares of RxSight common stock after the grant.
Is the RxSight (RXST) Form 4 transaction a stock purchase or an award?
The transaction is an award of restricted stock units, not a market purchase. Code "A" indicates a grant or other acquisition, and the price per share is listed as zero, confirming it is compensation-based rather than a cash stock buy.
When do the granted RxSight (RXST) RSUs vest for the director?
The RSUs vest 100% on the earlier of two dates: the one-year anniversary of the June 17, 2026 grant date, or the date of the next annual meeting of stockholders, provided he continues serving as an Outside Director through the applicable vesting date.
What does each RxSight (RXST) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of RxSight common stock. Once the vesting conditions are met, the RSUs convert into an equivalent number of shares delivered to the director as part of his equity compensation.