RxSight CFO sells 7,765 shares after RSU vest
RxSight’s CFO had RSUs vest into common stock and sold a portion of shares solely to cover related tax withholding obligations.
Rhea-AI Filing Summary
RxSight, Inc. (RXST) reported that Chief Financial Officer Mark Wilterding had Restricted Stock Units vest and related share movements in late August 2026. On August 31, 2026, 20,441 RSUs, each representing a contingent right to one share of common stock, converted into 20,441 common shares, leaving him with 122,646 shares held directly after this derivative transaction. On September 2, 2026, he sold 7,765 common shares at $6.96 per share to cover tax withholding obligations arising from the RSU vesting, which the company states did not represent a discretionary sale. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Wilterding Mark
Role
Chief Financial Officer
Sold
7,765 shs ($54K)
Approx. gross sale proceeds
$54K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 7,765 | $6.96 | $54K |
| Exercise | Restricted Stock Unit F1, F3 | 20,441 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 20,441 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 122,646 contracts (Direct);
Common Stock — 25,049 shares (Direct)
Footnotes (3)
- 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. 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 eighth (1/8th) of the shares subject to the RSU award vested on February 28, 2026, and one eighth (1/8th) of the shares subject to the RSU award will vest every six months thereafter on the last day of February and the last day of August over a four-year period.
Key Figures
Shares sold: 7,765 shares
Sale price per share: $6.96 per share
RSUs converted: 20,441 units
+3 more
6 metrics
Shares sold
7,765 shares
Common stock sale on September 2, 2026 to cover tax withholding
Sale price per share
$6.96 per share
Price for 7,765 common shares sold on September 2, 2026
RSUs converted
20,441 units
Restricted Stock Units converted into common stock on August 31, 2026
Common shares received from RSUs
20,441 shares
Shares of common stock underlying vested RSUs on August 31, 2026
Holdings after RSU transaction
122,646 shares
Directly held common shares after derivative transaction as of August 31, 2026
RSU vesting start fraction
1/8 of award
Initial RSU vesting on February 28, 2026 under four-year schedule
Key Terms
Restricted Stock Unit, contingent right, tax withholding obligations, Service Provider, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
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.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common"
tax withholding obligations financial
"shares sold to cover the tax withholding obligations in connection with"
Service Provider financial
"Subject to the Reporting Person continuing to be a Service Provider"
Equity Incentive Plan financial
"as defined in the Issuer's 2021 Equity Incentive Plan) through each"
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) disclose for its CFO?
RxSight disclosed that CFO Mark Wilterding had 20,441 RSUs convert into common stock on August 31, 2026, and sold 7,765 shares on September 2, 2026 to cover tax withholding obligations from that vesting.
What are the CFO’s reported RxSight (RXST) holdings after the RSU transaction?
After the August 31, 2026 RSU conversion, CFO Mark Wilterding is reported as holding 122,646 shares of RxSight common stock directly. This figure is stated as of that derivative transaction in the filing data.
Were the RxSight (RXST) insider transactions under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions, and a footnote specifies the sale was to satisfy tax withholding obligations, not a discretionary sale.
What is the vesting schedule for the CFO’s RxSight (RXST) RSU award?
The RSU award vests over four years if the CFO continues as a Service Provider: one-eighth vested on February 28, 2026, and one-eighth will vest every six months thereafter on the last day of February and August during the four-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
