Sight Sciences (SGHT) CLO Rashid Kashif Receives RSU Award

What Happened

• Rashid Kashif, Chief Legal Officer of Sight Sciences, was granted 181,818 restricted stock units (RSUs) on August 10, 2026. The award shows $0 cash paid at grant (code A on the Form 4). Each RSU represents a contingent right to one share of common stock and will convert to shares if and when vested.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 18, 2026 (filed after the typical two-business-day window).
• Grant: 181,818 RSUs; reported acquisition price $0.00 (no cash exchanged at grant).
• Vesting: Four equal annual installments on Aug 10 of 2027, 2028, 2029 and 2030, subject to continued service.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Confirms RSUs are granted under the company’s 2021 Incentive Award Plan and each RSU converts to one share upon vesting.
• No 10b5-1 plan, tax-withholding sale, or immediate sale noted in the filing.

Context

• RSU grants are a common form of compensation/retention for executives; they do not represent an open-market purchase or a sale and do not necessarily signal near-term buying or selling intent. The filing appears to be late relative to the standard Form 4 deadline, which investors may note for disclosure/timeliness considerations.