Fountain Tamara 4
Research Summary
AI-generated summary
Sight Sciences (SGHT) Director Tamara Fountain Receives RSU Award
What Happened
Tamara Fountain, a director of Sight Sciences, received a grant of 28,261 restricted stock units (RSUs) on June 4, 2026 under the company's Non-Employee Director Compensation Program. The RSUs were granted at $0.00 (award) and were valued at approximately $130,000 based on the closing price on the grant date. Each RSU represents a contingent right to receive one share of common stock; the award is compensation, not a cash purchase or sale.
Key Details
- Transaction date: June 4, 2026; Form 4 filed June 5, 2026 (timely filing). Transaction code: A (award).
- Grant amount: 28,261 RSUs; grant price reported as $0.00. Estimated value: ~ $130,000 (based on closing price on grant date).
- Vesting: RSUs vest on the earlier of June 4, 2027 or the date of the 2027 annual meeting, subject to continued service as a director.
- Shares owned after transaction (per filing): 81,389 shares of common stock and 28,261 RSUs (unvested).
- Footnote: Each RSU converts to one share upon vesting. No 10b5-1 plan, tax-withholding sale, or sale/purchase reported.
Context
RSU grants to directors are standard compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). The award increases her potential future stake if the RSUs vest; until then they are contingent and typically carry no voting rights. This filing simply reports the grant; it does not indicate any sale or exercise of options.