[144] nLIGHT, Inc. SEC Filing

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) – Form 144 filing discloses a proposed sale of 6,316 common shares with an estimated aggregate market value of $120,818.70. The filing lists Fidelity Brokerage Services LLC as broker, targets a sale date of 18 Jun 2025, and notes total shares outstanding of 49,439,471.

The notice also details four insider sales executed during the past three months by the same account holder, Scott H. Keeney, totaling 150,682 shares for gross proceeds of $2.47 million (transactions on 27 May, 3 Jun, 16 Jun and 17 Jun 2025). Combined with the new 6,316-share plan, the cumulative disclosed disposals represent roughly 0.32 % of shares outstanding.

No relationship to the issuer, purchase price breakdown or 10b5-1 plan details are provided. The filer affirms awareness of no undisclosed material adverse information, as required under Rule 144.

While Form 144 filings are routine for affiliates, investors often monitor them as sentiment indicators. Here, the volume is modest relative to float, but the continued pattern of sales may warrant attention to future insider activity and any upcoming company disclosures.

Positive

• None.

Negative

• Multiple insider sales totaling 150,682 shares over the past three months signal continuous divestment by the same holder.
• No disclosure of 10b5-1 trading plan or insider relationship limits transparency on whether sales are discretionary or automatic.

Insights

Equity Analyst

TL;DR – Small insider sale; pattern worth monitoring, but stake size immaterial to float.

The proposed 6,316-share sale equates to roughly 0.013 % of LASR’s outstanding shares, with prior three-month sales adding another 0.304 %. From a liquidity standpoint this is negligible and unlikely to pressure the stock price. However, the continued cadence of dispositions by the same holder could signal portfolio diversification or shifting sentiment. Absence of a declared 10b5-1 plan limits clarity on whether sales are automatic or discretionary. Given the modest scale and lack of operational data, I view the filing as neutral for valuation, but I will track insider trends ahead of Q2 results.

Corporate Governance Specialist

TL;DR – Repeated insider selling may raise perception risk despite low percentage.

Rule 144 disclosures enhance transparency, yet four sizable sales plus a new notice within three months could attract scrutiny from governance-focused investors. Although the cumulative 0.32 % stake is small, constant selling by a single insider occasionally precedes negative sentiment shifts. The filing omits relationship and plan-adoption fields, so stakeholders cannot verify whether activity is pre-programmed. In isolation, the event is not materially detrimental, but persistent insider outflows without offsetting buys can erode governance confidence, earning a slightly negative tilt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	6316	120818.70	49439471	06/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/03/2021	Stock Option Exercise	Issuer			6316	02/03/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	05/27/2025	75000	1149986.00
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/03/2025	40680	653756.45
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/16/2025	4063	77240.94
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/17/2025	30939	593386.27

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many LASR shares are proposed for sale in this Form 144?

6,316 common shares with an estimated value of $120,818.70 are planned for sale on 18 Jun 2025.

What were the past three-month insider sales disclosed for nLIGHT (LASR)?

Four transactions between 27 May and 17 Jun 2025 totaled 150,682 shares for gross proceeds of about $2.47 million.

What percentage of nLIGHT’s outstanding shares do the proposed and recent sales represent?

Combined, the 156,998 shares equal roughly 0.32 % of the 49,439,471 shares outstanding.

Which broker is handling the proposed LASR share sale?

The filing lists Fidelity Brokerage Services LLC, Smithfield, Rhode Island.

Does the Form 144 mention a 10b5-1 trading plan for the insider?

No. The 'Date of Plan Adoption' field is blank, so reliance on a 10b5-1 plan is not confirmed.