Badawi David 4
Research Summary
AI-generated summary
Sight Sciences (SGHT) CTO David Badawi Sells 8,168 Shares
What Happened
- David Badawi, Chief Technology Officer and Director of Sight Sciences (SGHT), sold 8,168 shares of common stock on April 2, 2026. The shares were sold at a weighted average price of $3.48 for total proceeds of approximately $28,425. The sale is reported as an open-market/private sale and is coded as a sale (S).
Key Details
- Transaction date: 2026-04-02; filing date: 2026-04-03 (timely).
- Price: weighted average $3.48; trade price range $3.43–$3.59 across multiple transactions.
- Proceeds: ~$28,425.
- Shares held after the transaction: 1,804,359 shares outright plus 185,931 shares that will be acquired upon vesting of RSUs — total beneficial interest of 1,990,290 shares (per filing footnote).
- Footnotes: (F1) sale was to cover the reporting person’s tax liability related to RSU vesting; (F2) weighted-average price and range disclosure (reporter can provide per-price breakdown on request); (F3) ownership breakdown described above.
- Timeliness: Filing appears timely (reported the next day).
Context
- The sale was executed to satisfy tax withholding obligations tied to RSU vesting, which is a common, routine transaction for executives and does not by itself indicate a change in insider sentiment.