Badawi Paul 4

What Happened

• Paul Badawi, reported as a 10% owner of Sight Sciences, sold 28,684 shares of common stock on July 1, 2026, generating proceeds of approximately $155,467. The transaction is coded as a sale (S) and reflects shares sold to cover the reporting person's tax liability related to vested restricted stock units (RSUs).

Key Details

• Transaction date: 2026-07-01 (Form 4 filed 2026-07-06).
• Shares sold: 28,684; weighted average sale price: $5.42; sale price range: $5.24 – $5.58 (multiple transactions).
• Proceeds: ~$155,467.
• Shares beneficially owned after the transaction (per filing footnote): 5,572,746 shares plus 549,726 RSUs that have not yet vested (total beneficial interest reported: 6,122,472).
• Footnotes: F1 — sale was to cover tax withholding on RSU vesting; F2 — provides the price range and offers to disclose per-share breakdown on request; F3 — details current and unvested holdings included in reported beneficial ownership.
• Timeliness: The Form 4 was filed five days after the transaction (filed July 6 for a July 1 sale). Form 4s are generally due within two business days, so this filing appears late.

Context

• This was a tax-withholding sale related to RSU vesting (a routine, often non-discretionary transaction) rather than a voluntary open-market sell motivated by investment views. For 10% owners, filings reflect sizable ownership stakes but individual sales to cover tax obligations are common and do not necessarily signal change in insider sentiment.