Sight Sciences CEO sells shares for RSU taxes
Sight Sciences, Inc. President and CEO Paul Badawi reported an open-market sale of 28,684 shares of Common Stock at a weighted average price of $5.42 per share.
Rhea-AI Filing Summary
Sight Sciences, Inc. President and CEO Paul Badawi reported an open-market sale of 28,684 shares of Common Stock at a weighted average price of $5.42 per share. According to the filing, the shares were sold to cover his tax liability arising from the vesting of restricted stock units (RSUs).
After this tax-related sale, Badawi holds a total of 6,122,472 shares, consisting of 5,572,746 shares of Common Stock and 549,726 additional shares that will be issued upon future vesting and settlement of unvested RSUs. The transaction represents only 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 | 28,684 | $5.42 | $155K |
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 $5.24 to $5.58, 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) 5,572,746 shares of Common Stock, and (ii) 549,726 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 and settlement financial
FAQ
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What did Sight Sciences (SGHT) CEO Paul Badawi report in this Form 4?
Does the Sight Sciences (SGHT) Form 4 involve any stock options or derivatives?
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