[144] nLIGHT, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 from nLIGHT, Inc. (LASR) reports a proposed sale of 9,604 common shares via Fidelity Brokerage Services with an aggregate market value of $279,871.12, scheduled approximately 09/04/2025 on NASDAQ. The shares were acquired on 09/02/2025 by restricted stock vesting and paid as compensation. The filing lists extensive prior insider sales by Scott H. Keeney totaling multiple transactions between 06/16/2025 and 08/28/2025, with individual gross proceeds ranging from about $77,241 to over $1,043,434. The filer attests there is no undisclosed material adverse information.

Positive

• Filing compliance: The Form 144 provides required details for a proposed sale under Rule 144, including acquisition date and nature (restricted stock vesting).
• Clear origin of shares: The shares to be sold were acquired via restricted stock vesting and were paid as compensation, which is explicitly stated.

Negative

• Significant recent insider sales: Multiple sizable sales by Scott H. Keeney between 06/16/2025 and 08/28/2025 with material gross proceeds may be viewed negatively by some investors.
• Concentration of sales: Prior transactions are clustered over a three-month period, suggesting notable insider liquidity events without explanatory context in this filing.

Insights

Securities Analyst

TL;DR: Insider plans to sell newly vested restricted shares; recent months show sizable insider disposals.

The filing documents a routine Rule 144 notice for 9,604 shares derived from restricted stock vesting and designated as compensation, to be sold through Fidelity on NASDAQ. Material context is the pattern of prior dispositions by an insider, Scott H. Keeney, with multiple clustered sales from June through August 2025 generating substantial gross proceeds. This raises questions about insider liquidity needs but does not, by itself, indicate undisclosed adverse information. The transaction is compliant with Rule 144 disclosure requirements.

Corporate Governance Expert

TL;DR: Filing appears procedurally compliant; concentration of recent insider sales is noteworthy for governance review.

The notice reflects a standard disclosure for sale of vested restricted shares and includes the required representation about absence of material nonpublic information. From a governance perspective, the cluster of prior sales by the same individual over a three-month window merits monitoring for any trends in insider selling, but the document contains no indication of misconduct or policy violations. Documentation of acquisition date, nature (restricted stock vesting), and payment method (compensation) is complete.

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	9604	279871.12	49899461	09/04/2025	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	09/02/2025	Restricted Stock Vesting	Issuer			9604	09/02/2025	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	06/16/2025	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. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/22/2025	17018	482073.99
Scott H. Keeney 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
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	08/28/2025	35730	1058559.76

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 does the Form 144 filed for nLIGHT (LASR) report?

The filing reports a proposed sale of 9,604 common shares valued at $279,871.12, acquired by restricted stock vesting on 09/02/2025, with an approximate sale date of 09/04/2025 on NASDAQ.

Who acquired the shares being sold and how were they acquired?

The shares were acquired from the issuer via restricted stock vesting on 09/02/2025 and were issued as compensation.

Has the insider sold other nLIGHT shares recently?

Yes. The filing lists multiple sales by Scott H. Keeney between 06/16/2025 and 08/28/2025, with individual gross proceeds ranging from about $77,240.94 to over $1,043,434.73.

Through which broker will the proposed sale occur?

The proposed sale is listed with Fidelity Brokerage Services LLC located at the provided address in Smithfield, RI.

Does the filer state there is any undisclosed material information?

The filer attests by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.