Sight Sciences CLO sells shares for tax liability
Sight Sciences Chief Legal Officer Jeremy B. Hayden reported selling 12,733 shares of common stock, with a weighted average price of $5.51 per share.
Rhea-AI Filing Summary
Sight Sciences Chief Legal Officer Jeremy B. Hayden reported selling 12,733 shares of common stock, with a weighted average price of $5.51 per share. According to the disclosure, these shares were sold solely to cover his tax liability arising from the vesting of restricted stock units.
After this tax-related sale, Hayden holds 357,037 shares tied to Sight Sciences, including 100,015 shares of common stock and 257,022 shares that are scheduled to be received as restricted stock units vest in the future. The transaction reflects routine tax withholding rather than a discretionary reduction in his overall stake.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,733 | $5.508 | $70K |
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) 100,015 shares of Common Stock, and (ii) 257,022 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 financial
weighted average price financial
vesting and settlement financial
FAQ
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What insider transaction did Sight Sciences (SGHT) report for Jeremy B. Hayden?
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How significant is Jeremy B. Hayden’s SGHT stock sale compared to his remaining holdings?
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