[144] nLIGHT, Inc. SEC Filing
nLIGHT, Inc. (LASR) Form 144 reports a proposed sale of 18,344 common shares valued at $482,034.46 to be sold through Fidelity Brokerage Services on 08/19/2025. The shares were acquired by restricted stock vesting from the issuer on 08/15/2025 and paid as compensation. The filing identifies prior sales by Scott H. Keeney totaling 208,744 shares for aggregate gross proceeds of $3,735,146.67 across dates from 05/27/2025 to 08/18/2025. The filer certifies no undisclosed material adverse information and follows Rule 144 disclosure requirements.
- Clear compliance and disclosure: The filing provides detailed Rule 144 information including acquisition, payment nature, broker, and planned sale date.
- Transaction transparency: Prior sales by the same individual are listed with dates and gross proceeds, enabling investor assessment.
- Substantial insider sales: The filer sold 208,744 shares in the past three months for $3,735,146.67, which may be viewed unfavorably by some investors.
- Ongoing monetization: A further proposed sale of 18,344 shares (value $482,034.46) is scheduled for 08/19/2025.
Insights
TL;DR: Insider proposing to sell 18,344 shares; recent aggregate insider sales total 208,744 shares for $3.74M.
The filing documents a planned Rule 144 sale of 18,344 common shares with an aggregate market value of $482,034.46, acquired via restricted stock vesting and marked as compensation. Historical sales by Scott H. Keeney shown in the filing indicate material insider liquidity: 208,744 shares sold between 05/27/2025 and 08/18/2025 for approximately $3,735,146.67 in gross proceeds. For investors, these data points reflect insider monetization activity but do not include context on ownership percentage or timing objectives.
TL;DR: Disclosure is compliant and detailed; concentrated insider selling is evident but no allegations or undisclosed material info are stated.
The Form 144 provides required transactional details: acquisition date, nature (restricted stock vesting), broker, and planned sale date. The filer signs the standard representation that no material adverse information is withheld. The sequence of multiple sales by the named individual within the past months suggests active disposition of shares; however, the filing itself contains no statements about intent beyond the sales and does not allege any undisclosed events.