Badawi Paul 4

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.