Sight Sciences Appoints Chief Legal Officer Kashif Rashid

What Happened
Sight Sciences, Inc. announced the appointment of Kashif Rashid as Chief Legal Officer and Corporate Secretary, effective August 10, 2026. The Board named him on August 6, 2026. Jeremy Hayden will step down as Chief Legal Officer and Corporate Secretary effective August 10, 2026 and will remain employed through August 31, 2026 to assist with the transition.

Mr. Rashid, age 53, joins with extensive medical-device and life-sciences legal experience (most recently at Nevro Corp.; prior roles at Atara Biotherapeutics, St. Jude Medical, GE Healthcare and other firms). He entered into an employment agreement effective August 10, 2026, and signed the Company’s standard executive indemnification agreement.

Key Details

• Base salary: $450,000 per year; target annual cash bonus: 50% of base salary.
• Severance: if terminated without cause or resigns for good reason, Mr. Rashid will receive 12 months of base salary, any unpaid prior-year bonus, and COBRA premium payments/reimbursement for up to 12 months (subject to eligibility and early termination conditions).
• Equity: eligible for restricted stock units with an aggregate value of $1,400,000 vesting in four equal annual installments beginning Aug 10, 2027; share count based on market price but not to exceed 280,000 shares.
• Resignation terms for Jeremy Hayden: contingent on a separation agreement, Hayden will receive one year of base salary paid over 12 months and up to one year of COBRA coverage/reimbursement.

Why It Matters
This filing signals a leadership change in Sight Sciences’ legal function, bringing in a senior, industry-experienced lawyer. For investors, the material items are the cash and equity compensation commitments (salary, bonus target, $1.4M RSU award) and the potential short-term cash impact from severance/COBRA obligations for the incoming and outgoing CLOs. The company reported no related-party issues tied to the appointment.