RxSight (RXST) CCO gains 6,261 shares, withholds 2,580 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RxSight, Inc. Chief Customer Officer Scott Gaines reported multiple equity transactions. On February 27, 2026, he received a grant of 32,218 restricted stock units (RSUs), each representing one share of common stock, subject to multi‑year service-based vesting. On February 28, 2026, several RSU awards vested and were exercised, resulting in the acquisition of 6,261 shares of common stock at a stated price of $0.00 per share. On the same date, 2,580 shares of common stock were disposed of at $7.61 per share to cover tax withholding obligations. After these transactions, Gaines directly owned 14,848 shares of RxSight common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,261 shares exercised/converted
Mixed
8 txns
Insider
Gaines Scott
Role
Chief Customer Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,500 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 604 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,250 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,657 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,250 | $0.00 | -- |
| Exercise | Common Stock | 6,261 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,580 | $7.61 | $20K |
| Grant/Award | Restricted Stock Unit | 32,218 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,000 shares (Direct);
Common Stock — 17,428 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan (the "Plan")) through each applicable date, one-sixth (1/6th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2026, February 28, 2027, August 31, 2027, February 28, 2028, August 31, 2028 and February 28, 2029. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Plan) through each applicable date, one-eighth (1/8th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2023, February 29, 2024, August 31, 2024, February 28, 2025, August 31, 2025, February 28, 2026, August 31, 2026 and February 28, 2027. Of the 12,000 RSUs initially subject to the award, 7,500 shares subject to the award vested prior to the Reporting Person becoming a Section 16 executive officer. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Plan) through each applicable date, one-eighth (1/8th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2024, February 28, 2025, August 31, 2025, February 28, 2026, August 31, 2026, February 28, 2027, August 31, 2027 and February 29, 2028. Of the 4,830 RSUs initially subject to the award, 1,812 shares subject to the award vested prior to the Reporting Person becoming a Section 16 executive officer. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Plan) through each applicable date, one-eighth (1/8th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of February 28, 2025, August 31, 2025, February 28, 2026, August 31, 2026, February 28, 2027, August 31, 2027, February 29, 2028 and August 31, 2028. Of the 10,000 RSUs initially subject to the award, 2,500 shares subject to the award vested prior to the Reporting Person becoming a Section 16 executive officer. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Plan) through each applicable date, one-eighth (1/8th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2025, February 28, 2026, August 31, 2026, February 28, 2027, August 31, 2027, February 28, 2028, August 31, 2028 and February 28, 2029. Of the 13,250 RSUs initially subject to the award, 1,657 shares subject to the award vested prior to the Reporting Person becoming a Section 16 executive officer. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Plan) through each applicable date, one-fourth (1/4th) of the RSUs subject to the award shall vest on the first Trading Day (as defined in the Plan) on or after each of August 31, 2025, February 28, 2026, August 31, 2026, February 28, 2027. Of the 5,000 RSUs initially subject to the award, 1,250 shares subject to the award vested prior to the Reporting Person becoming a Section 16 executive officer.
FAQ
What insider transactions did RxSight (RXST) Chief Customer Officer report?
Scott Gaines reported a new grant of 32,218 restricted stock units and multiple RSU exercises on February 27–28, 2026. These exercises delivered 6,261 common shares, with 2,580 shares withheld at $7.61 each to satisfy tax obligations under the equity plan.
How many restricted stock units did Scott Gaines receive from RxSight (RXST)?
Scott Gaines received a grant of 32,218 restricted stock units, each representing one share of RxSight common stock. The award vests over several dates between August 31, 2026 and February 28, 2029, contingent on his continued service under the company’s 2021 Equity Incentive Plan.
What is Scott Gaines’ direct ownership in RxSight (RXST) after these transactions?
Following the reported Form 4 transactions, Scott Gaines directly held 14,848 shares of RxSight common stock. This figure reflects shares acquired from restricted stock unit exercises, net of the 2,580 shares withheld and delivered to cover associated tax obligations on February 28, 2026.
How do Scott Gaines’ RxSight (RXST) RSUs vest over time?
The RSU awards vest in installments on specified trading days, generally in eighths or sixths over scheduled dates from August 31, 2023 through February 28, 2029. Vesting requires Gaines to remain a Service Provider under RxSight’s 2021 Equity Incentive Plan through each applicable date.
What does the tax withholding transaction in RxSight (RXST) Form 4 represent?
The tax withholding transaction shows 2,580 RxSight common shares disposed at $7.61 per share. These shares were delivered to satisfy tax liabilities triggered by the vesting and exercise of restricted stock units, rather than being an open-market sale initiated for investment purposes.