[144] nLIGHT, Inc. SEC Filing
Form 144 filing for nLIGHT, Inc. (LASR): The notice reports a proposed sale of 572 common shares through Fidelity Brokerage Services with an aggregate market value of $14,680.78, and an approximate sale date of 08/20/2025 on NASDAQ. The shares were acquired by restricted stock vesting on 08/18/2025 and the payment type is listed as compensation. The filing lists total shares outstanding of 49,899,461. The filer disclosed four prior sales in the past three months by James Nias totaling 3,404 shares with gross proceeds shown for each trade. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
- Clear compliance with Rule 144 disclosure requirements
- Securities originated from restricted stock vesting and are disclosed as compensation
- Broker and sale details provided, supporting transparency
- None.
Insights
TL;DR: Routine insider sale of a small number of vested shares; immaterial to company valuation.
The filing documents a proposed sale of 572 vested common shares valued at $14,680.78, executed through Fidelity and expected on 08/20/2025. Past three-month sales by the same individual total 3,404 shares. Given the company's reported outstanding shares of 49,899,461, the quantities disclosed represent an immaterial percentage of the float. This appears to be a routine disclosure under Rule 144 for sales of recently vested compensation shares rather than a company-level liquidity or operational event.
TL;DR: Disclosure follows Rule 144 mechanics; no governance red flags evident from the filing alone.
The form shows the seller representing no undisclosed material adverse information and documents broker, acquisition date, and payment nature (compensation). The concentration of sale activity by the same individual over recent months is visible but small in absolute terms. From a governance standpoint, the filing satisfies required transparency for insider compensation-related dispositions; it does not, on its face, indicate insider trading plan dates or other governance issues.