Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-11

Sight Sciences (SGHT)

CEO Paul Badawi was paid $2,005,608 in fiscal year 2025, ↓ down 33.6% from fiscal year 2024, the 17th percentile of its disclosed peer group (SEC filing 0001140361-26-016138 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,005,608 ↓
Paul Badawi total, FY2025
17th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
—
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Sample answer — “What is the CEO’s total compensation?”
- Paul Badawi (President and Chief Executive Officer), FY2025 total compensation $2,005,608 (base salary $659,000) [exec_comp, SEC accession 0001140361-26-016138, filed 2026-04-22]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

SGHT's next annual pay disclosure, estimated April 21, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Paul Badawi$659,000$0$1,000,000$0$334,607$0$12,001$2,005,608
President and Chief Executive Officer
Alison Bauerlein474,9000950,0000196,50405,2501,626,754
Chief Operating Officer
Matthew Link288,1250480,000000448,7931,216,918
Chief Commercial Officer
Jeremy Hayden433,0000390,0000146,57104,683974,254
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Paul Badawi$2,005,608$3,022,179$3,902,022↓ −1,016,571
Alison Bauerlein1,626,7542,238,5431,848,183↓ −611,789
Matthew Link1,216,918—2,357,650—
Jeremy Hayden974,2541,479,652—↓ −505,398

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against SGHT
4 companies name SGHT as a compensation peer

Each company listed discloses SGHT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SGHT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brenda BeckerFormer director (through FY2025)$178,556
Catherine MazzaccoIndependent Director$197,000
David Badawi, M.DDirector—
Donald ZurbayIndependent Director$202,500
Erica RogersFormer director (through FY2025)$185,733
Gerhard BurbachIndependent Director$283,616
Staffan EncrantzChair of the Board$231,000
Tamara Fountain, M.DIndependent Director$189,606
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jeremy HaydenRSU22,935—$178,822
Alison BauerleinRSU21,569—171,042
Jeremy HaydenOption15,6289.78—
Alison BauerleinOption19,72210.1—
Alison BauerleinRSU215,054—1,705,378
Paul BadawiRSU268,818—2,131,727
Jeremy HaydenOption1,05517.52—
Alison BauerleinRSU157,711—1,250,648
Jeremy HaydenRSU3,000—23,790
Paul BadawiRSU195,094—1,547,095
Alison BauerleinRSU51,500—408,395
Jeremy HaydenRSU104,839—831,373
Paul BadawiRSU88,300—700,219
Jeremy HaydenRSU75,935—602,165
Paul BadawiRSU21,950—174,064
Paul BadawiOption7,31917.52—
Paul BadawiOption61,1289.78—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to be competitive and appropriately balance our goals of attracting and retaining our executives and motivating them to achieve strategic objectives. In furtherance of our pay-for-performance philosophy, and to motivate and reward individual initiative and effort, a portion of each executive officer’s target annual compensation opportunity is variable based on our achievement relative to business and strategic objectives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gerhard BurbachIndependent · Compensation Committee (Chair) · Nominating and Corporate Governance Committee · Commercial Strategy Committee$43,616$240,000———$283,616
Staffan EncrantzIndependent · Board Chair · Audit Committee · Nominating and Corporate Governance Committee (Chair) · Commercial Strategy Committee101,000130,000———231,000
Donald ZurbayIndependent · Audit Committee (Chair) · Compensation Committee72,500130,000———202,500
Catherine MazzaccoIndependent · Audit Committee · Commercial Strategy Committee (Chair)67,000130,000———197,000
Tamara Fountain, M.DIndependent59,606130,000———189,606
Erica RogersIndependent · Departed during FY55,733130,000———185,733
Brenda BeckerIndependent · Departed during FY48,556130,000———178,556
Paul BadawiEmployee director—————0
David Badawi, M.DEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$130,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guidelineWe have adopted Stock Ownership Guidelines applicable to our executive officers and non-employee directors that ensure the interests of our executive officers and directors are aligned with those of our stockholders.
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$448,011
Equity awards (grant-date value)$1,020,000
All other compensation$0
Total cost of the board$1,468,011

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Sight Sciences names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Sight Sciences.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1AxoGen2025Michael Dale$775,865$7,342,895$0$906,133$9,047,454
2Si-BONE2025Laura Francis685,0006,038,7100729,5257,453,235
3Pulse Biosciences2025Paul LaViolette708,52306,717,96007,427,899
4CareDx2025John Hanna693,2695,622,6380852,5157,179,699
5Treace Medical Concepts2025John Treace755,3534,635,000005,405,190
6RxSight2025Ron Kurtz630,62503,816,530202,9354,650,661
7CVRx2025Kevin Hykes660,5331,270,0801,516,896444,4923,905,801
8Senseonics Holdings2025Timothy Goodnow635,0001,022,5001,022,500613,0003,347,959
9OrthoPediatrics2025David Bailey550,0002,445,2000322,2813,331,481
10NeuroPace2025Joel Becker567,567587,340701,850551,8102,408,566
11Sight Sciences2025Paul Badawi659,0001,000,0000334,6072,005,608
12Zynex2024Thomas Sandgaard700,000112,4580170,625991,810
13iRadimed Corporation2025Roger Susi385,59800395,000780,598
—ClearPoint Neuro——————not in coverage universe
—TELA Bio——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Sight Sciencesnot disclosedRSU 100not disclosedCompensia, Inc.
AxoGen116.79%PSU 50 · RSU 50NoAon
CareDxnot disclosedRSU 70 · PSU 30NoAlpine Rewards
ClearPoint Neuronot disclosednot disclosednot disclosednot disclosed
CVRxKevin Hykes: 84%; Robert John: 66%; Philip Adamson: 84%%Stock Options 50 · RSUs 50not disclosedAon
iRadimed Corporationnot disclosednot disclosednot disclosednot disclosed
NeuroPacenot disclosednot disclosednot disclosedAlpine, Inc.
OrthoPediatrics78.2%RSU 100not disclosedNFP Compensation Consulting
Pulse Biosciencesnot disclosedOption 100not disclosednot disclosed
RxSight32.18%Option 100not disclosedAon
Senseonics Holdingsnot disclosednot disclosednot disclosedWillis Towers Watson
Si-BONE106.5%RSU 50 · PSU 50Yes — Relative TSRCompensia, Inc.
TELA Bionot disclosednot disclosednot disclosednot disclosed
Treace Medical Conceptsnot disclosedRSU 50 · PSU 50NoCompensia, Inc.
Zynexnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Sight Sciences in fiscal 2025?
As disclosed, Paul Badawi (President and Chief Executive Officer) was the highest-paid executive at Sight Sciences in fiscal 2025, with total compensation of $2,005,608.
How does Sight Sciences's chief executive pay compare to its disclosed peer group?
As disclosed, Paul Badawi's total compensation ranked at the 17th percentile of Sight Sciences's disclosed peer group.
How much does Sight Sciences spend in total on board compensation for fiscal 2025?
As disclosed, Sight Sciences reported total board compensation of $1,468,011 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Paul BadawiDEF 14A2026-04-220001140361-26-016138Section “2025 Summary Compensation Table” · page 41. As printed: 2,005,608. View filing ↗
2Section 01, Alison BauerleinDEF 14A2026-04-220001140361-26-016138Section “2025 Summary Compensation Table” · page 41. As printed: 1,626,754. View filing ↗
3Section 01, Matthew LinkDEF 14A2026-04-220001140361-26-016138Section “2025 Summary Compensation Table” · page 41. As printed: 1,216,918. View filing ↗
4Section 01, Jeremy HaydenDEF 14A2026-04-220001140361-26-016138Section “2025 Summary Compensation Table” · page 41. As printed: 974,254. View filing ↗
5Section 08, Gerhard BurbachDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 283,616. View filing ↗
6Section 08, Staffan EncrantzDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 231,000. View filing ↗
7Section 08, Donald ZurbayDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 202,500. View filing ↗
8Section 08, Catherine MazzaccoDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 197,000. View filing ↗
9Section 08, Tamara Fountain, M.DDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 189,606. View filing ↗
10Section 08, Erica RogersDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 185,733. View filing ↗
11Section 08, Brenda BeckerDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 178,556. View filing ↗
12Section 08, Paul BadawiDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 0. View filing ↗
13Section 08, David Badawi, M.DDEF 14A2026-04-220001140361-26-016138Section “Director Compensation”. As printed: 0. View filing ↗
14Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
15Section 09b board cost (computed)Computed——Cash 448,011 + equity 1,020,000 + all other 0 = 1,468,011, summed across the director compensation table rows.
16AxoGen, Section 10b CEO totalDEF 14A2026-04-290000805928-26-000057CEO total compensation as printed in AxoGen's own proxy. As printed: 9,047,454. View filing ↗
17Si-BONE, Section 10b CEO totalDEF 14A2026-04-210001459839-26-000049CEO total compensation as printed in Si-BONE's own proxy. As printed: 7,453,235. View filing ↗
18Pulse Biosciences, Section 10b CEO totalDEF 14A2026-05-110001437749-26-016006CEO total compensation as printed in Pulse Biosciences's own proxy. As printed: 7,427,899. View filing ↗
19CareDx, Section 10b CEO totalDEF 14A2026-04-270001217234-26-000028CEO total compensation as printed in CareDx's own proxy. As printed: 7,179,699. View filing ↗
20Treace Medical Concepts, Section 10b CEO totalDEF 14A2026-04-060001630627-26-000005CEO total compensation as printed in Treace Medical Concepts's own proxy. As printed: 5,405,190. View filing ↗
21RxSight, Section 10b CEO totalDEF 14A2026-04-280001193125-26-187240CEO total compensation as printed in RxSight's own proxy. As printed: 4,650,661. View filing ↗
22CVRx, Section 10b CEO totalDEF 14A2026-04-200001140361-26-015657CEO total compensation as printed in CVRx's own proxy. As printed: 3,905,801. View filing ↗
23Senseonics Holdings, Section 10b CEO totalDEF 14A2026-04-090001104659-26-041541CEO total compensation as printed in Senseonics Holdings's own proxy. As printed: 3,347,959. View filing ↗
24OrthoPediatrics, Section 10b CEO totalDEF 14A2026-04-200001425450-26-000027CEO total compensation as printed in OrthoPediatrics's own proxy. As printed: 3,331,481. View filing ↗
25NeuroPace, Section 10b CEO totalDEF 14A2026-04-210001140361-26-015894CEO total compensation as printed in NeuroPace's own proxy. As printed: 2,408,566. View filing ↗
26Sight Sciences (subject), Section 10b CEO totalDEF 14A2026-04-220001140361-26-016138CEO total compensation as printed in Sight Sciences's own proxy. As printed: 2,005,608. View filing ↗
27Zynex, Section 10b CEO totalDEF 14A2025-03-280001558370-25-004019CEO total compensation as printed in Zynex's own proxy. As printed: 991,810. View filing ↗
28iRadimed Corporation, Section 10b CEO totalDEF 14A2026-04-300001628280-26-028903CEO total compensation as printed in iRadimed Corporation's own proxy. As printed: 780,598. View filing ↗
29Section 10a, CareDx reciprocityDEF 14A—0001217234-26-000028CareDx's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
30Section 10a, AxoGen reciprocityDEF 14A—0000805928-26-000057AxoGen's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
31Section 10a, Treace Medical Concepts reciprocityDEF 14A—0001630627-26-000005Treace Medical Concepts's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
32Section 10a, Zynex reciprocityDEF 14A—0001558370-25-004019Zynex's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
33Section 10a, Pulse Biosciences reciprocityDEF 14A—0001437749-26-016006Pulse Biosciences's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
34Section 10a, RxSight reciprocityDEF 14A—0001193125-26-187240RxSight's most recent proxy was read; its disclosed peer group does not include Sight Sciences. View filing ↗
35Section 10a, Si-BONE reciprocityDEF 14A—0001459839-26-000049Si-BONE names Sight Sciences in its own disclosed peer group (read from its most recent proxy). View filing ↗