[144] nLIGHT, Inc. SEC Filing
nLIGHT, Inc. (LASR) Form 144 summary: An officer/insider is proposing to sell 4,112 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $119,828.20. The shares were acquired by restricted stock vesting on 09/02/2025 and are scheduled for sale on or about 09/04/2025. The filing shows total shares outstanding of 49,899,461, and lists multiple prior sales by the same person in the past three months, the largest being 38,284 shares for $1,083,252.87. The filer certifies no undisclosed material adverse information.
- Form 144 filing is complete and compliant, disclosing the proposed sale and acquisition details
- Securities were acquired via restricted stock vesting, indicating compensation-related origin rather than external purchase
- Insider has made multiple recent sales in the past three months, including a 38,284-share sale, which may be viewed unfavorably by some investors
Insights
TL;DR: Insider proposes a small sale after restricted stock vesting; activity appears routine and not material to share count.
The proposed sale of 4,112 shares valued at $119,828 is a direct result of restricted stock vesting and will be executed through a registered broker. Relative to the reported 49.9 million shares outstanding, the amount proposed for sale is immaterial on an absolute basis. The filing also discloses multiple recent sales by the same individual, including a 38,284-share sale raising roughly $1.08 million, which indicates ongoing liquidity events by this insider rather than a single large disposition. For investors, this is a standard disclosure of executive compensation conversion and subsequent market sales; it does not, on its own, provide evidence of company-level operational changes.
TL;DR: The Form 144 is a compliant disclosure of an insider selling vested equity; governance procedures appear followed.
The notice identifies the transaction as compensation-related restricted stock vesting with prompt sale intent, and it is being routed through a broker, consistent with standard reporting practices. The signer affirms absence of undisclosed material adverse information, and the document lists recent prior sales by the same person, suggesting use of vested equity for personal liquidity. There is no indication of unusual transfer mechanisms or off-market considerations. From a governance perspective, the form meets Rule 144 notice requirements and raises no immediate compliance concerns.