[144] nLIGHT, Inc. SEC Filing

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) notice reports a proposed sale under Rule 144 of 35,730 common shares through Fidelity Brokerage with an aggregate market value of $1,058,559.76, and lists total outstanding shares of 49,899,461. The shares to be sold were recently acquired through restricted stock vesting on 08/19/2025 (6,082 shares) and 08/20/2025 (29,648 shares), with payment characterized as compensation. The filer, identified as Scott H. Keeney in prior sale entries, sold multiple blocks of common stock during the past three months on several dates in June and August, totaling 313,284 shares and generating gross proceeds reported per sale. The proposed sale date is approximately 08/28/2025. The filing includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Shares being sold were acquired via restricted stock vesting, indicating the sales are tied to compensation rather than external purchases or transfers
• Transaction is processed through a regulated broker (Fidelity), and the filing follows Rule 144 disclosure requirements

Negative

• Substantial insider sales in past three months totaling 313,284 shares may be perceived negatively by some investors
• Upcoming sale of 35,730 shares with an aggregate market value of $1,058,559.76 could add near-term selling pressure

Insights

Securities Analyst

TL;DR: Insider plans to sell 35,730 vested shares; large recent disposals total 313,284 shares over three months, suggesting notable insider liquidity.

The filing documents a routine Rule 144 notice tied to restricted stock vesting on 08/19/2025 and 08/20/2025, totaling 35,730 shares offered for sale via Fidelity with an aggregate value of $1,058,559.76. Historical sale records in the form show substantial insider sales across June and August aggregating 313,284 shares, with individual sale proceeds reported per transaction. From a market-impact perspective, the immediate transaction size relative to reported outstanding shares (~49.9 million) is modest (~0.072%), but the cumulative recent sales are larger and may affect short-term liquidity or investor perception. This appears to be execution of compensation-related liquidity rather than a corporate event.

Corporate Governance Expert

TL;DR: Repeated insider dispositions over the past three months may raise governance or signaling questions despite being Rule 144-compliant.

The notice indicates the shares for sale were acquired via restricted stock vesting and are being sold under Rule 144. While vesting-based sales are common, the record of multiple sales totaling 313,284 shares in a three-month window could prompt investor scrutiny about insider sentiment or personal liquidity needs. The filing includes the standard attestation that no undisclosed material adverse information is known by the seller. Absent additional context on insider role, vesting schedule, or company guidance, these transactions are legally routine but potentially noteworthy from a governance and signaling standpoint.

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	35730	1058559.76	49899461	08/28/2025	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	08/19/2025	Restricted Stock Vesting	Issuer			6082	08/19/2025	Compensation
Common	08/20/2025	Restricted Stock Vesting	Issuer			29648	08/20/2025	Compensation

* 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	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
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/18/2025	6316	120818.70
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	06/26/2025	33682	657875.31
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/18/2025	18064	482083.00
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/19/2025	18344	482034.46
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/20/2025	18782	482053.18
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/21/2025	18200	482041.56
Scott H. Keene 4637 NW 18th Avenue Camas WA 98607	Common	08/22/2025	17018	482073.99
Scott H. Keene 4637 NW 18th Avenue Camas WA 98607	Common	08/25/2025	35732	1011001.93
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/26/2025	35732	1043434.73
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/27/2025	35732	1028016.21

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

What shares is LASR proposing to sell under this Form 144?

The notice proposes the sale of 35,730 common shares through Fidelity, with an aggregate market value of $1,058,559.76.

When were the shares being offered acquired?

The shares were acquired via restricted stock vesting on 08/19/2025 (6,082 shares) and 08/20/2025 (29,648 shares).

Does the filing show recent insider sales for LASR?

Yes. The filing lists multiple sales by Scott H. Keeney during June and August totaling 313,284 shares in the past three months.

What is the approximate date of the proposed sale?

The filing lists the approximate date of sale as 08/28/2025.

Are the payments for the acquired shares described?

Yes. The acquisition payment for the vested shares is described as compensation.