Sight Sciences (SGHT) CTO tax-related sale of 8,168 shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sight Sciences, Inc. director and Chief Technology Officer David Badawi reported an open-market sale of 8,168 shares of Common Stock at a weighted average price of $3.48 per share. According to the footnotes, these shares were sold to cover his tax liability arising from the vesting of restricted stock units.
After this transaction, Badawi's reported holdings total 1,990,290 shares, consisting of 1,804,359 shares of common stock and 185,931 shares that will be acquired upon future vesting and settlement of restricted stock units. The sale represents a small portion of his overall position.
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Insider Trade Summary 10b5-1
Net Seller: 8,168 shares ($28,425)
Net Sell
1 txn
Insider
Badawi David
Role
Chief Technology Officer
Sold
8,168 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,168 | $3.48 | $28K |
Holdings After Transaction:
Common Stock — 1,990,290 shares (Direct)
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 $3.43 to $3.59, 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) 1,804,359 shares of common stock, and (ii) 185,931 shares of common stock which shall be acquired upon the vesting and settlement of restricted stock units that have not yet vested.
Key Figures
Shares sold: 8,168 shares
Sale price: $3.48 per share
Total holdings after sale: 1,990,290 shares
+2 more
5 metrics
Shares sold
8,168 shares
Open-market sale on 2026-04-02 to cover tax liability
Sale price
$3.48 per share
Weighted average price; trades ranged $3.43–$3.59
Total holdings after sale
1,990,290 shares
Common stock and RSUs reported following the transaction
Common stock held
1,804,359 shares
Portion of post-transaction holdings in common stock
Unvested RSU-linked shares
185,931 shares
Shares to be acquired upon vesting and settlement of RSUs
Key Terms
restricted stock units ("RSUs"), weighted average price, vesting and settlement
3 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 and settlement financial
"shares of common stock which shall be acquired upon the vesting and settlement of restricted stock units"
FAQ
What insider transaction did SGHT CTO David Badawi report?
David Badawi reported selling 8,168 shares of Sight Sciences common stock. The filing states this sale was made to cover his tax liability from vesting restricted stock units, rather than a discretionary portfolio change, and was executed at a weighted average price of $3.48 per share.
What does the weighted average price range mean in the SGHT Form 4?
The weighted average price reflects that multiple trades occurred between $3.43 and $3.59 per share. The filing notes the 3.48 figure averages those prices, and states that detailed information about share amounts at each specific price level is available upon request from interested parties.