Sight Sciences (SGHT) gives legal chief 181,818 no-cost RSUs
Rhea-AI Filing Summary
Sight Sciences, Inc. (SGHT) reported that its Chief Legal Officer, the reporting person in this Form 4, received an equity compensation award. The officer was granted 181,818 restricted stock units (RSUs) of common stock for no cash consideration, increasing the officer’s directly held common stock-related position to 181,818 shares on an as-converted basis.
The RSUs were granted under Sight Sciences’ 2021 Incentive Award PlanAugust 10, 2027 and continuing through August 10, 2030, subject to the officer’s continued service with Sight Sciences on each vesting date. Each RSU represents a contingent right to receive one share of Sight Sciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 181,818 shares
Net Buy
1 txn
Insider
Rashid Kashif
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 181,818 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 181,818 shares (Direct)
Footnotes (1)
- F1. Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan (the "2021 Plan"). The RSUs vest in four equal annual installments commencing August 10, 2027 and continuing through August 10, 2030, subject to the Reporting Person's continued service to the Issuer through each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share.
Key Figures
RSUs granted: 181,818 shares
Transaction price per share: $0.0000 per share
Shares following transaction: 181,818 shares
+3 more
6 metrics
RSUs granted
181,818 shares
Restricted stock units granted to Chief Legal Officer on 2026-08-10
Transaction price per share
$0.0000 per share
Price for RSU grant to Chief Legal Officer
Shares following transaction
181,818 shares
Total common stock position directly held by reporting person after grant
Par value per share
$0.001 per share
Par value of Sight Sciences common stock underlying the RSUs
Vesting period start
August 10, 2027
First vesting date for RSU installments
Vesting period end
August 10, 2030
Final vesting date for RSU installments
Key Terms
restricted stock units ("RSUs"), 2021 Incentive Award Plan, contingent right
3 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Incentive Award Plan financial
"made to the Reporting Person under the Issuer's 2021 Incentive Award Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
What insider equity award did SGHT report for its Chief Legal Officer?
Sight Sciences (SGHT) reported that its Chief Legal Officer received a grant of 181,818 RSUs of common stock as equity compensation under the company’s 2021 Incentive Award Plan, with no cash paid per share for the award.
What is the vesting schedule for the 181,818 SGHT RSUs granted?
The 181,818 RSUs vest in four equal annual installments, beginning on August 10, 2027 and continuing annually through August 10, 2030, conditioned on the Chief Legal Officer’s continued service with Sight Sciences through each vesting date.
Does the RSU grant to the SGHT officer require any purchase price?
No. The RSU award shows a transaction price of $0.0000 per share, indicating it is a compensation grant rather than a market purchase, with shares delivered upon vesting instead of being bought for cash.
What does each RSU granted by SGHT represent for the reporting person?
Each RSU granted to the Chief Legal Officer represents a contingent right to receive one share of Sight Sciences common stock, par value $0.001 per share, if and when the applicable vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.