[144] nLIGHT, Inc. SEC Filing
Form 144 filed for nLIGHT, Inc. (LASR) reports a proposed sale of 35,732 common shares through Fidelity Brokerage Services (NASDAQ) with an aggregate market value of $1,043,434.73 and an approximate sale date of 08/26/2025. The shares to be sold were acquired by restricted stock vesting from the issuer: 21,196 shares on 08/15/2025 and 14,536 shares on 08/18/2025, with the stated nature of payment as compensation. The filing lists multiple sales by Scott H. Keeney during the prior three months, each showing dates, amounts sold, and gross proceeds as provided in the table. The notice includes the standard representation that the seller does not possess undisclosed material adverse information.
- Selling shares were acquired through restricted stock vesting, with acquisition dates and amounts specified, indicating compensation-related origin rather than undisclosed transfers
- Broker and execution details provided (Fidelity Brokerage Services; NASDAQ), which supports orderly disposition and market transparency
- Comprehensive prior-sales disclosure for the past three months with dates, amounts, and gross proceeds, meeting reporting requirements
- None.
Insights
TL;DR: Insider intends to sell recently vested restricted shares equal to 35,732 common shares, consistent with compensation-related disposals.
The filing documents a proposed sale of 35,732 shares acquired through restricted stock vesting on 08/15/2025 and 08/18/2025, to be executed via Fidelity on 08/26/2025 for an indicated aggregate market value of $1,043,434.73. The table of prior transactions shows multiple sales by Scott H. Keeney in May through August 2025 with explicit gross proceeds for each date. From a market-transaction perspective, these are voluntary dispositions of vested compensation shares rather than debt-related or acquisition-driven sales. Materiality for investors depends on the holder's overall stake, which is not disclosed in this form.
TL;DR: The filing documents routine insider sales following vesting; signer attests no undisclosed material information.
The Form 144 shows the seller representing compliance with disclosure requirements and asserting absence of undisclosed material adverse information. The shares being sold were acquired as compensation via restricted stock vesting and the seller provided required historical sale details for the prior three months. This aligns with customary insider reporting and required attestations; the filing does not include any corporate governance events such as resignations or transactions altering control.