[144] nLIGHT, Inc. SEC Filing
Form 144 for nLIGHT, Inc. (LASR) shows a proposed sale of 18,200 common shares through Fidelity Brokerage Services on 08/21/2025 with an aggregate market value of $482,041.56. The shares were acquired by restricted stock vesting from the issuer on 08/19/2025 and were paid as compensation. The filing also lists multiple recent sales by Scott H. Keeney between 05/27/2025 and 08/20/2025, including several transactions totaling tens of thousands of shares and gross proceeds reported for each sale. The filer certifies no undisclosed material adverse information is known.
- Regulatory compliance: The filer provided a Form 144 notice documenting the proposed sale as required under Rule 144.
- Source of shares disclosed: Shares to be sold were acquired through restricted stock vesting and paid as compensation.
- Significant insider selling: Multiple large sales by Scott H. Keeney are reported between 05/27/2025 and 08/20/2025, indicating notable insider disposition activity.
- Potential increase in share supply: The planned sale of 18,200 shares (≈$482k) adds to recent insider sales listed in the filing.
Insights
TL;DR: Insider selling is substantial in recent months, including a planned sale of vested restricted shares worth ~$482k.
The filing documents a planned sale of 18,200 vested common shares on 08/21/2025 via Fidelity and enumerates a series of prior insider dispositions by Scott H. Keeney from 05/27/2025 to 08/20/2025 with reported gross proceeds for each trade. These items are routine for insiders disposing of vested compensation, but the frequency and scale of prior sales are noteworthy for monitoring insider supply. No financial results, forward guidance, or additional context about holdings or remaining ownership are provided in the filing.
TL;DR: Filing complies with Rule 144 reporting; it documents compensation-related vesting and subsequent proposed sale.
The Form 144 indicates shares were acquired via restricted stock vesting and designated as compensation, and the signer affirms absence of undisclosed material information. From a governance perspective, the document meets disclosure requirements for proposed sales by an affiliate. The record of multiple recent sales by the same individual should be reviewed for any company-specific patterns, but the filing contains no allegations, plan-date statements, or indications of Rule 10b5-1 plans.