Sight Sciences CTO sells shares for RSU taxes
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.
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.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,418 | $5.508 | $41K |
Footnotes (3)
- F1. 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").
- F2. 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.
- F3. 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
Key Terms
restricted stock units ("RSUs") financial
weighted average price financial
vesting financial
settlement financial
open-market sale financial
FAQ
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What did Sight Sciences (SGHT) CTO David Badawi report in this Form 4?
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