nLight CEO's $2.6M Stock Sales Continue with New 33,682 Share Disposal Plan
nLIGHT director and officer Scott H. Keeney has filed Form 144 indicating intent to sell 33,682 shares of common stock with an aggregate market value of $657,875.31.
Sentiment and the balance of points
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Rhea-AI Filing Summary
nLIGHT director and officer Scott H. Keeney has filed Form 144 indicating intent to sell 33,682 shares of common stock with an aggregate market value of $657,875.31. The sale is planned for June 26, 2025, through Fidelity Brokerage Services on NASDAQ.
The shares were originally acquired through a stock option exercise on February 3, 2021. This planned sale follows significant recent trading activity by Keeney over the past 3 months, including:
- May 27, 2025: 75,000 shares sold for $1,149,986
- June 3, 2025: 40,680 shares sold for $653,756
- June 16-18, 2025: Combined 41,318 shares sold for $791,446
The filing indicates Keeney is operating under a Rule 10b5-1 trading plan adopted on June 12, 2024. The company has approximately 49.4 million shares outstanding. The seller affirms no knowledge of undisclosed material adverse information regarding nLIGHT's operations.
Positive
- None.
Negative
- CEO Scott Keeney has sold 157,000 shares (~$2.6M) in the past month through multiple transactions, with another 33,682 shares ($658K) planned for sale, indicating significant insider selling pressure
- The recent and planned sales represent a concentrated period of dispositions by a key executive, which could signal reduced confidence in near-term prospects
FAQ
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What is Scott Keeney's role at LASR (nLIGHT)?
Is Scott Keeney's LASR stock sale part of a 10b5-1 trading plan?
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