[Form 4] nLIGHT, Inc. Insider Trading Activity

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) Form 4: Scott H. Keeney, who serves as President, CEO and a director, reported multiple open-market sales executed under a Rule 10b5-1 trading plan adopted 06/12/2024. The Form 4 shows four sale groupings on 08/25/2025 and 08/26/2025 totaling 71,464 shares sold at weighted-average prices of $27.93, $28.47, $29.19 and $29.49 across the groups. After these transactions, the reporting person beneficially owned 2,478,002 shares (including unvested restricted stock units). The filing was signed by an attorney-in-fact on 08/27/2025.

Positive

• Transactions executed under a Rule 10b5-1 plan, indicating pre-planned, documented trading activity.
• Full disclosure of shares sold and post-transaction beneficial ownership, including inclusion of unvested restricted stock units.

Negative

• Insider sold 71,464 shares in a short window (08/25-08/26/2025), which may raise stakeholder concerns despite the 10b5-1 plan.
• Clustered sales by the CEO and director can attract scrutiny about governance and messaging even if compliant.

Insights

Securities Analyst

TL;DR: Insider sales occurred under a pre-established 10b5-1 plan; transaction sizes are disclosed and follow plan terms.

The Form 4 documents four separate sale groupings totaling 71,464 shares executed on 08/25-08/26/2025 under a Rule 10b5-1 plan adopted 06/12/2024. Weighted-average prices for the groups ranged from $27.93 to $29.49. The filing confirms continuing beneficial ownership of 2,478,002 shares including unvested RSUs, which retains significant insider exposure to company equity. From a market-impact perspective, these are routine disclosures that increase public transparency but do not alone reveal intent beyond the pre-existing plan.

Corporate Governance Expert

TL;DR: Multiple insider sales by the CEO under a 10b5-1 plan merit governance attention though they were pre-planned.

The reporting person is both CEO and a director, and the Form 4 confirms substantial sales (71,464 shares) conducted pursuant to a documented 10b5-1 trading plan adopted 06/12/2024. While 10b5-1 plans provide an affirmative defense, large or clustered executive sales can raise stakeholder questions about timing and messaging. The disclosure of remaining beneficial ownership (2,478,002 shares, including RSUs) helps assess alignment with shareholders, but stakeholders may request additional context on continued ownership guidelines and plan governance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Keeney Scott H

(Last) (First) (Middle)

4637 NW 18TH AVENUE

(Street)

CAMAS WA 98607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NLIGHT, INC. [ LASR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		S		11,767(1)(2)	D	$27.93	2,537,699(3)	D
Common Stock	08/25/2025		S		23,965(1)(4)	D	$28.47	2,513,734(3)	D
Common Stock	08/26/2025		S		34,186(1)(5)	D	$29.19	2,479,548(3)	D
Common Stock	08/26/2025		S		1,546(1)(6)	D	$29.49	2,478,002(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 6/12/2024.

2. The reported transaction involves sale transactions from $27.27 to $28.27 per share. The weighted average price per share was $27.93. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

3. Includes common stock owned and unvested restricted stock units.

4. The reported transaction involves sale transactions from $28.27 to $28.74 per share. The weighted average price per share was $28.47. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

5. The reported transaction involves sale transactions from $28.45 to $29.44 per share. The weighted average price per share was $29.19. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

6. The reported transaction involves sale transactions from $29.45 to $29.54 per share. The weighted average price per share was $29.49. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Julie Dimmick, as attorney-in-fact	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did nLIGHT (LASR) insider Scott Keeney sell according to the Form 4?

The Form 4 reports four sale groupings on 08/25/2025 and 08/26/2025 totaling 71,464 shares sold under a Rule 10b5-1 trading plan.

Were the sales by the reporting person pre-planned or discretionary?

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 06/12/2024, per the Form 4.

How many shares does Scott Keeney beneficially own after these transactions?

After the reported sales the Form 4 shows 2,478,002 shares beneficially owned, including unvested restricted stock units.

What were the reported weighted-average prices for the sales?

The weighted-average prices reported for the sale groups were $27.93, $28.47, $29.19, and $29.49.

What roles does the reporting person hold at nLIGHT (LASR)?

The Form 4 lists the reporting person as President and CEO and as a director of the company.

When was the Form 4 signed and filed?

The signature on the filing by an attorney-in-fact is dated 08/27/2025, and the earliest reported transactions occurred on 08/25/2025.