[144] nLIGHT, Inc. SEC Filing

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) insider sale notice: The filer reports a proposed sale of 18,782 common shares via Fidelity Brokerage on NASDAQ with an aggregate market value of $482,053.18, approximately 18,782 shares to be sold around 08/20/2025. Those shares were acquired on 08/18/2025 through restricted stock vesting and paid as compensation. The filing also discloses a sequence of prior disposals by Scott H. Keeney during May–August 2025, including a sale of 75,000 shares on 05/27/2025 and multiple other transactions totaling significant proceeds. The filer affirms no undisclosed material adverse information and provides broker and outstanding share count details (49,899,461 outstanding).

Positive

• Transaction source disclosed: Shares to be sold were acquired via restricted stock vesting and paid as compensation, clarifying origin of securities.
• Broker and exchange specified: Proposed sale through Fidelity Brokerage on NASDAQ increases execution transparency.
• Timely disclosure: The filer provides required details including number of shares, market value, and outstanding shares, consistent with Rule 144 reporting.

Negative

• Frequent recent insider sales: Multiple disposals by Scott H. Keeney from May to August 2025, including a 75,000-share sale, increase near-term share supply.
• Potential perception risk: Repeated insider selling may attract investor attention even though no undisclosed adverse information is claimed.

Insights

Securities Analyst

TL;DR: Routine insider sale tied to vested compensation; multiple recent disposals increase near-term share supply but no new material company disclosures.

The transaction is clearly identified as restricted stock vesting followed by an intended brokered sale, which is a common liquidity event for insiders. The filing lists substantial prior sales by the same individual in the past three months, including a 75,000-share sale on 05/27/2025. While the cumulative size of recent sales may affect short-term float, the filing contains no operational or financial updates about the issuer and thus appears procedural rather than material to the company's fundamentals.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure shows adherence to Rule 144; repeated sales warrant monitoring for insider pattern but present no governance breach.

The notice documents acquisition via compensation and timely reporting of proposed and recent sales, satisfying disclosure expectations under Rule 144. The signer affirms absence of undisclosed material adverse information. The pattern of multiple listed sales by Scott H. Keeney is noteworthy from a governance and insider-behavior perspective, but the form itself does not allege any misconduct or policy violation.

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	18782	482053.18	49899461	08/20/2025	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	08/18/2025	Restricted Stock Vesting	Issuer			18782	08/18/2025	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	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
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

144: Remarks and Signature

Remarks

Date of Notice

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 securities does the Form 144 for LASR report as proposed for sale?

The notice reports a proposed sale of 18,782 common shares of nLIGHT, intended to be sold via Fidelity Brokerage on NASDAQ with aggregate market value of $482,053.18.

How were the shares to be sold on the Form 144 acquired?

The shares were acquired on 08/18/2025 through restricted stock vesting from the issuer and the payment was for compensation.

Who is the insider that sold shares in the past three months according to the filing?

The filing lists sales by Scott H. Keeney with multiple transactions from 05/27/2025 through 08/19/2025, including a 75,000-share sale on 05/27/2025.

What is the outstanding share count reported in the Form 144?

The filing reports 49,899,461 shares outstanding.

Does the filer assert any undisclosed material adverse information?

Yes, the filer represents by signing the notice that they do not know any material adverse information