Badawi Paul 4
4 · Sight Sciences, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Sight Sciences (SGHT) 10% Owner Paul Badawi Sells 29,244 Shares
What Happened
Paul Badawi, reported as a 10% owner of Sight Sciences, sold 29,244 shares of the company's common stock on April 1, 2026. The filing reports a weighted-average sale price of $3.70 per share for aggregate proceeds of roughly $108,203. The shares were sold in multiple transactions at prices ranging from $3.63 to $3.85; the filing indicates the sale was to cover the reporting person's tax liability from the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (filed within the typical 2-business-day window).
- Transaction type/code: Sale (open market or private sale) — reported as "S".
- Price details: Weighted average $3.70; individual trades ranged $3.63–$3.85 (footnote says detailed per-price breakdown available on request).
- Shares sold: 29,244; proceeds ≈ $108,203.
- Shares owned after transaction (per filing footnote): 5,544,983 shares beneficially owned plus 606,173 shares to be acquired upon vesting of outstanding RSUs.
- Footnotes of note: F1 states the sale was to cover tax withholding on RSU vesting; F2 explains the price range and weighted average; F3 summarizes current and unvested holdings.
Context
This sale was a tax-withholding sale related to RSU vesting rather than a discretionary open-market liquidation for investment purposes. For retail investors, such withholding sales are routine and do not necessarily indicate a change in the insider's view of the company. As a 10% owner, Badawi is a significant holder, and his remaining reported stake (including unvested RSUs) remains large after this transaction.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-04-01$3.70/sh−29,244$108,203→ 6,151,156 total
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 $3.63 to $3.85, 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) 5,544,983 shares of Common Stock, and (ii) 606,173 shares of Common Stock which shall be acquired upon the vesting and settlement of RSUs that have not yet vested.