David Badawi, Chief Technology Officer at Sight Sciences (NASDAQ:SGHT), reported a large exercise of company stock options on November 29, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Badawi, Chief Technology Officer at Sight Sciences, a company in the Health Care sector, just exercised stock options worth 150,000 shares of SGHT stock with an exercise price of $0.11.
Sight Sciences shares are trading up 8.21% at $3.69 at the time of this writing on Wednesday morning. Since the current price is $3.69, this makes Badawi's 150,000 shares worth $553,500.