[144] NLIGHT, INC. SEC Filing

Rhea-AI Filing Summary

NLIGHT, Inc. filed a Form 144 reporting a proposed sale of 62,507 common shares through Fidelity Brokerage Services on 09/18/2025 on the NASDAQ with an aggregate market value of $1,902,713.08. The shares were acquired from an 02/03/2021 stock option exercise (49,574 shares, paid in cash) and 08/17/2021 restricted stock vesting (12,933 shares, compensation). The filing lists multiple recent sales by Scott H. Keeney over June–September 2025 totaling substantial proceeds across several transactions, indicating ongoing disposition of insider-held shares. The filer certifies no undisclosed material adverse information.

Positive

• Clear regulatory disclosure of proposed sale under Rule 144, including acquisition dates and payment methods
• Detailed recent sales history by the insider, providing transparency on insider dispositions

Negative

• Substantial insider sales in June–September 2025 totaling significant proceeds, which could concern some investors
• No statement of a trading plan date (Rule 10b5-1 adoption date left blank), so sales pattern lacks explicit plan context in this filing

Insights

Securities Analyst

TL;DR Routine insider sale disclosure; notable for size but appears compliant with Rule 144 requirements.

The Form 144 documents a proposed sale of 62,507 shares valued at about $1.9 million and shows the securities were acquired via option exercise and restricted stock vesting in 2021. For investors, the filing is a compliance disclosure rather than new operating or financial information. The recent pattern of sales by Scott H. Keeney across June to September 2025 demonstrates active divestiture of insider holdings, which may reflect personal liquidity needs rather than company fundamentals; the filing itself contains no nonpublic operational data.

Corporate Governance Expert

TL;DR Disclosure meets regulatory form requirements; repeated insider sales warrant attention to insider holding trends.

The notice appropriately identifies acquisition dates and payment nature (cash exercise and compensation vesting) and certifies absence of undisclosed material information. From a governance perspective, serial insider sales reported in the filing and in the past three months merit monitoring of outstanding insider ownership and any disclosed trading plans (e.g., 10b5-1), though none is specified here. The filing does not allege any regulatory or policy breach.

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	62507	1902713.08	49899461	09/18/2025	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	02/03/2021	Stock Option Exercise	Issuer			49574	02/03/2021	Cash
Common	08/17/2021	Restricted Stock Vesting	Issuer			12933	08/17/2021	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	06/18/2025	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
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	09/04/2025	9604	279871.12
Scott H. Keeney 4637 NW 18th Avenue Camas WA 98607	Common	09/12/2025	15391	443930.69

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 does NLIGHT's (LASR) Form 144 report?

The Form 144 reports a proposed sale of 62,507 common shares through Fidelity on 09/18/2025 valued at $1,902,713.08.

How were the shares being sold by NLIGHT insider acquired?

The shares were acquired via a 02/03/2021 stock option exercise (49,574 shares, paid in cash) and 08/17/2021 restricted stock vesting (12,933 shares, compensation).

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

The filing lists multiple sales by Scott H. Keeney between 06/18/2025 and 09/12/2025 with individual transactions and gross proceeds disclosed.

Where will the proposed sale be executed?

The proposed sale is to be executed by Fidelity Brokerage Services LLC on the NASDAQ.

Does the filing indicate any undisclosed material information?

By signing, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.