Sight Sciences director buys 14,100 shares
Sight Sciences director and 10% owner Staffan Encrantz reported an open-market purchase of 14,100 shares of Common Stock at a weighted average price of $4.879 per share.
Rhea-AI Filing Summary
Sight Sciences director and 10% owner Staffan Encrantz reported an open-market purchase of 14,100 shares of Common Stock at a weighted average price of $4.879 per share. After this trade, he directly holds 1,434,283 shares, including 28,261 restricted stock units subject to vesting as previously reported.
He also reports indirect interests in 5,086,920 shares held by the 1997 Staffan Encrantz and Margareta Encrantz Revocable Trust, where he is a trustee, and 632,456 shares held by Allegro Investment Fund, L.P. He disclaims beneficial ownership of Allegro’s shares and of the trust and fund holdings beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,100 shares
Net Buy
3 txns
Insider
Encrantz Staffan
Role
Director, 10% Owner
Bought
14,100 shs ($69K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 14,100 | $4.879 | $69K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,434,283 shares (Direct);
Common Stock — 5,719,376 shares (Indirect, See footnote)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares of the Issuer's common stock, par value $0.001 per share ("Common Stock"), were purchased in multiple transactions at per share prices ranging from $4.78 to $4.93 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 purchased at each separate price within the range set forth in this footnote.
- F2. Includes (i)1,406,022 shares of Common Stock and (ii) 28,261 restricted stock units, which restricted stock units are subject to vesting as previously reported.
- F3. These shares of Common Stock are held of record by the 1997 Staffan Encrantz and Margareta Encrantz Revocable Trust (the "Trust"). The Reporting Person is a trustee of the Trust and may be deemed to beneficially own the shares held by the Trust for purposes of Rule 13d-3 under the Securities Exchange Act of 1934 (the "Exchange Act"). The Reporting Person disclaims beneficial ownership of the shares held by the Trust (and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 under the Exchange Act or for any other purpose), except to the extent of his pecuniary interest therein, if any.
- F4. These shares of Common Stock are held of record by Allegro Investment Fund, L.P. ("Allegro Investment Fund"). The Reporting Person is the Chairman and CEO and sole director of Allegro Investment Inc., which is the investment manager of Allegro Investment Fund, and may be deemed to beneficially own the shares held by Allegro Investment Fund for purposes of Rule 13d-3 under the Exchange Act. However, the Reporting Person does not have any pecuniary interest in the shares held by Allegro Investment Fund and disclaims beneficial ownership with respect to all such shares. Accordingly, these shares are being reported in this report voluntarily by the Reporting Person for informational purposes only and shall not be deemed an admission that the Reporting Person is the beneficial owner of any such shares for purposes of Section 16 under the Exchange Act or for any other purpose.
Key Figures
Shares purchased: 14,100 shares
Weighted average price: $4.879 per share
Direct holdings after trade: 1,434,283 shares
+4 more
7 metrics
Shares purchased
14,100 shares
Open-market purchase of Common Stock
Weighted average price
$4.879 per share
Price for 14,100 purchased shares
Direct holdings after trade
1,434,283 shares
Common Stock directly held by Encrantz
Included RSUs
28,261 units
Restricted stock units subject to vesting
Trust-held shares
5,086,920 shares
Held by 1997 Staffan and Margareta Encrantz Revocable Trust
Allegro fund shares
632,456 shares
Held by Allegro Investment Fund, L.P.
Price range of trades
$4.78–$4.93 per share
Individual transaction prices in aggregated purchase
Key Terms
restricted stock units, Rule 13d-3, Section 16, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Includes (i)1,406,022 shares of Common Stock and (ii) 28,261 restricted stock units, which restricted stock units are subject to vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 13d-3 regulatory
"may be deemed to beneficially own the shares held by the Trust for purposes of Rule 13d-3 under the Securities Exchange Act of 1934"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
Section 16 regulatory
"shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 under the Exchange Act"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the Trust ... except to the extent of his pecuniary interest therein"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Staffan Encrantz report at Sight Sciences (SGHT)?
Staffan Encrantz reported buying 14,100 shares of Sight Sciences Common Stock in an open-market transaction at a weighted average price of $4.879. The Form 4 notes multiple trades between $4.78 and $4.93 per share, all aggregated into this single reported purchase.
What indirect Sight Sciences (SGHT) holdings are associated with Staffan Encrantz?
The filing shows 5,086,920 shares held by the 1997 Staffan Encrantz and Margareta Encrantz Revocable Trust and 632,456 shares held by Allegro Investment Fund, L.P. Encrantz is linked to both entities but disclaims beneficial ownership beyond any pecuniary interest, particularly for Allegro’s fund holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
