Sight Sciences (SGHT) CTO sells 7,418 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sight Sciences, Inc. Chief Technology Officer David Badawi reported an open-market sale of 7,418 shares of common stock at a weighted average price of $5.508 per share. According to the footnotes, the sale was made to cover his tax liability arising from the vesting of restricted stock units.
After this transaction, Badawi directly held 1,982,872 shares of common stock and related equity, including 1,813,950 shares of common stock and 168,922 shares that will be acquired upon future vesting and settlement of unvested RSUs. The transaction represents a small portion of his overall equity position.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 7,418 shares ($40,858)
Net Sell
1 txn
Insider
Badawi David
Role
Chief Technology Officer
Sold
7,418 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,418 | $5.508 | $41K |
Holdings After Transaction:
Common Stock — 1,982,872 shares (Direct, null)
Footnotes (1)
- Reflects shares of the Issuer's common stock, par value $0.001 per share ("Common Stock"), sold to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Reflects the weighted average price at which the shares of Common Stock were sold. The shares were sold in multiple transactions at prices ranging from $5.37 to $5.62, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Includes (i) 1,813,950 shares of Common Stock, and (ii) 168,922 shares of Common Stock which shall be acquired upon the vesting and settlement of RSUs that have not yet vested.
Key Figures
Shares sold: 7,418 shares
Weighted average sale price: $5.508 per share
Sale price range: $5.37–$5.62 per share
+3 more
6 metrics
Shares sold
7,418 shares
Open-market sale on 2026-07-06 to cover tax liability
Weighted average sale price
$5.508 per share
Common stock sale across multiple trades
Sale price range
$5.37–$5.62 per share
Multiple transactions within this range
Total holdings after transaction
1,982,872 shares
Shares and RSU-related interests following sale
Common stock held
1,813,950 shares
Portion of post-transaction holdings in common stock
Unvested RSU-related shares
168,922 shares
To be acquired upon future RSU vesting and settlement
Key Terms
restricted stock units ("RSUs"), weighted average price, vesting, settlement, +1 more
5 terms
restricted stock units ("RSUs") financial
"in connection with the vesting of restricted stock units ("RSUs")."
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.
weighted average price financial
"Reflects the weighted average price at which the shares of Common Stock were sold."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"in connection with the vesting of restricted stock units ("RSUs")."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"shares of Common Stock which shall be acquired upon the vesting and settlement of RSUs"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Sight Sciences (SGHT) CTO David Badawi report in this Form 4?
David Badawi reported selling 7,418 shares of Sight Sciences common stock. The sale was an open-market transaction with a weighted average price of $5.508 per share, primarily to cover tax liabilities from recently vested restricted stock units.
What are David Badawi’s holdings in Sight Sciences (SGHT) after the sale?
Following the transaction, he held 1,982,872 shares in total. This includes 1,813,950 shares of common stock and 168,922 additional shares that will be acquired when currently unvested restricted stock units vest and settle in the future.
How significant is this Sight Sciences (SGHT) insider sale relative to the CTO’s position?
The 7,418 shares sold are small compared with David Badawi’s 1,982,872 total shares and RSU-based interests after the transaction. The filing frames the sale as tax-related rather than a large reduction in his overall ownership stake.