[144] nLIGHT, Inc. SEC Filing
Form 144 filed for nLIGHT, Inc. (LASR). The notice reports a proposed sale of 8,449 common shares to be executed through Fidelity Brokerage Services on 08/19/2025 with an aggregate market value of $222,018.60. The filer reports those 8,449 shares were acquired on 08/15/2025 upon restricted stock vesting as compensation and paid for on 08/15/2025. The issuer’s outstanding shares are listed as 49,899,461. The filing also discloses two prior sales by Joseph J. Corso in the past three months: 10,062 shares on 06/13/2025 (gross proceeds $177,292.44) and 5,991 shares on 08/18/2025 (gross proceeds $159,884.81). The signer certifies no undisclosed material adverse information.
- Disclosure of acquisition details: The filing specifies the shares were acquired via restricted stock vesting on 08/15/2025.
- Broker and sale timing provided: Proposed sale through Fidelity Brokerage Services with an approximate sale date of 08/19/2025, supporting market transparency.
- Prior sales disclosed: Two recent insider sales (06/13/2025 and 08/18/2025) are reported, enhancing transparency of insider activity.
- Insider selling activity: The filer has sold shares recently (10,062 on 06/13/2025 and 5,991 on 08/18/2025) and proposes another sale, which may raise investor questions despite being small relative to outstanding shares.
Insights
TL;DR: Routine Rule 144 notice for vested restricted stock; disclosure aligns with regulatory requirements and includes recent insider sales.
The filing documents a proposed sale under Rule 144 of 8,449 common shares received via restricted stock vesting and discloses two recent insider sales in June and August 2025. From a compliance perspective, the notice contains the core items expected for a Form 144: acquisition date and nature, planned sale date, broker, and aggregate value. The representation regarding knowledge of material nonpublic information is included, which is standard. No additional compliance irregularities are apparent from the provided text.
TL;DR: Insider liquidity activity is modest relative to outstanding shares; disclosure provides transparency on compensation-related vesting.
The 8,449-share proposed sale stems from restricted stock vesting as compensation, indicating equity pay converted to potential market liquidity. Prior sales totaling 16,053 shares in the past three months are disclosed, with combined gross proceeds shown. Relative to the reported 49,899,461 shares outstanding, these transactions are small in scale but relevant for transparency around insider selling patterns and executive compensation realization.