nLIGHT insider files Form 144 after $3.25M of recent sales

Rhea-AI Filing Summary

Form 144 filing summary for nLIGHT, Inc. (LASR): An insider intends to sell 18,064 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $482,083.00, approximately scheduled for 08/18/2025 on NASDAQ. The shares were acquired on 08/14/2025 upon the vesting of restricted stock and are characterized as compensation. The filer also disclosed prior sales by the same person during the past three months totaling 190,680 shares for aggregate gross proceeds of $3,253,063.67 (sales dated 05/27/2025 through 06/26/2025). The filing contains the standard certification that the seller is not aware of undisclosed material adverse information.

Positive

• Compliance: The filer followed Rule 144 disclosure requirements and identified the broker and sale date.
• Acquisition clarity: The 18,064 shares were acquired by restricted stock vesting, with payment characterized as compensation.

Negative

• Substantial recent insider selling: The insider sold 190,680 shares in the past three months for $3,253,063.67, which could be viewed negatively by investors.
• Concentrated supply: The planned sale of 18,064 shares adds to recent disposals and could increase share supply near the reported sale date.

Insights

Financial Analyst

TL;DR Insider plans to sell newly vested restricted shares (18,064) after multiple recent disposals totaling 190,680 shares.

This Form 144 documents a planned sale of 18,064 restricted shares valued at $482,083, acquired via vesting on 08/14/2025. The insider previously sold a substantial aggregate of 190,680 shares in the prior month range, generating $3.25M in proceeds. From a market perspective, clustered insider sales can put modest downward pressure on supply, but this notice alone does not disclose intent beyond liquidation of compensation-related shares. No earnings or operational details are provided to link sales to company performance.

Corporate Governance Expert

TL;DR The filing shows compliance with Rule 144 for compensation-vested shares amid several recent insider dispositions.

The filing properly discloses the nature of acquisition (restricted stock vesting) and the broker. The seller affirms no undisclosed material adverse information. Repeated insider sales over a short period are governance-relevant for stakeholder signaling; however, the form provides no explanations for timing or any trading plan reference. Documentation appears procedurally complete but leaves open questions about concentration and timing of insider liquidity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	18064	482083.00	49899461	08/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/14/2025	Restricted Stock Vesting	Issuer			18064	08/14/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	05/27/2025	75000	1149986.00
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/03/2025	40680	653756.45
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/16/2025	4063	77240.94
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/17/2025	30939	593386.27
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/18/2025	6316	120818.70
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/26/2025	33682	657875.31

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for nLIGHT (LASR) disclose?

The filing discloses a proposed sale of 18,064 common shares valued at $482,083.00, acquired via restricted stock vesting on 08/14/2025, with sale approximately on 08/18/2025 through Fidelity on NASDAQ.

How many shares did the insider sell in the past three months?

The insider sold an aggregate of 190,680 shares between 05/27/2025 and 06/26/2025.

What were the gross proceeds from the recent insider sales?

Gross proceeds from the disclosed sales total $3,253,063.67 for the transactions listed.

How were the 18,064 shares acquired?

The shares were acquired on 08/14/2025 through restricted stock vesting and paid as compensation.

On which exchange is the planned sale expected to occur?

The planned sale is expected to occur on NASDAQ through Fidelity Brokerage Services LLC.