Eric Weinberg - Jan 22, 2024 Form 4 Insider Report for RxSight, Inc. (RXST)

Signature
/s/ Shelley Thunen, as Attorney-in-Fact
Stock symbol
RXST
Transactions as of
Jan 22, 2024
Transactions value $
-$480,006
Form type
4
Date filed
1/22/2024, 07:50 PM
Previous filing
Jan 10, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXST Common Stock Sale -$480K -10K -3.13% $48.00 310K Jan 22, 2024 See footnote F1, F2, F3
holding RXST Common Stock 6.23K Jan 22, 2024 Direct
holding RXST Common Stock 925 Jan 22, 2024 By fiance
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on September 12, 2023 by the Reporting Person.
F2 Represents the weighted average share price of an aggregate total of 10,000 shares sold in the price range of $48.00 to $48.03 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Shares held by the EJW Living Trust, for which the Reporting Person serves as trustee.