STOCK TITAN

LASR Form 4: Scott Keeney Awarded 1,200,000 PRSUs; Beneficial Ownership 2.64M

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) Form 4: Scott H. Keeney, who serves as President and CEO and as a director, was granted 1,200,000 performance-based restricted stock units (PRSUs) on 08/13/2025. Each PRSU represents a contingent right to receive one share of common stock and vests according to performance-based and service-based conditions. The reported transaction lists a grant price of $0. After the award, the filing shows Mr. Keeney beneficially owns 2,639,874 shares, which the filer says includes owned common stock and unvested restricted stock units. The Form 4 was signed by an attorney-in-fact on 08/15/2025.

Positive

  • Performance alignment: The award is performance-based, linking executive compensation to company results
  • Significant insider ownership: Filing reports total beneficial ownership of 2,639,874 shares including unvested RSUs

Negative

  • Large grant size: 1,200,000 PRSUs is a substantial equity award that may increase potential share dilution
  • Material details missing: Vesting targets, schedule, and impact on outstanding shares are not disclosed in this form

Insights

TL;DR: CEO/director received 1.2M performance-based RSUs, aligning pay with performance and retaining significant equity exposure.

The grant of 1,200,000 PRSUs to the CEO and a sitting director is a clear use of equity-based compensation to tie executive pay to company performance and service tenure. The Form 4 shows these awards carry no cash purchase price and convert one-for-one into common shares upon satisfaction of conditions. From a governance lens, such awards can motivate long-term focus, but the governance impact depends on plan limits, shareholder approval history, and dilution — details not provided in this filing.

TL;DR: A sizeable performance-based equity grant was issued to the CEO; materiality depends on outstanding share base and vesting metrics.

The Form 4 documents a 1,200,000 PRSU award awarded on 08/13/2025 with a $0 grant price and indicates total beneficial ownership of 2,639,874 shares including unvested RSUs. For investors, the key questions are vesting performance targets, vesting schedule, and dilution impact relative to the company's total shares outstanding—information not included here. The filing is a standard disclosure of insider compensation-related equity issuance.

Insider Keeney Scott H
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 1,200,000 $0.00 --
Holdings After Transaction: Common Stock — 2,639,874 shares (Direct)
Footnotes (1)
  1. Represents performance-based restricted stock units ("PRSUs") awarded under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents a contingent right to receive one share of the Issuer's common stock. The PRSUs vest in accordance with performance-based and service-based conditions. Includes common stock owned and unvested restricted stock units.
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).
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)
08/13/2025
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 08/13/2025 A 1,200,000(1) A $0 2,639,874(2) 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. Represents performance-based restricted stock units ("PRSUs") awarded under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents a contingent right to receive one share of the Issuer's common stock. The PRSUs vest in accordance with performance-based and service-based conditions.
2. Includes common stock owned and unvested restricted stock units.
Remarks:
/s/ Julie Dimmick, as attorney-in-fact 08/15/2025
** 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) report in this Form 4?

The Form 4 reports that Scott H. Keeney received 1,200,000 performance-based restricted stock units (PRSUs) on 08/13/2025 and beneficially owns 2,639,874 shares including unvested RSUs.

What is the price of the PRSUs reported by LASR insider?

The reported grant price for the PRSUs in the Form 4 is $0.

What roles does the reporting person hold at LASR?

The reporting person, Scott H. Keeney, is listed as President and CEO and as a Director of nLIGHT, Inc.

When was the transaction and when was the Form 4 signed?

The transaction date is 08/13/2025 and the Form 4 was signed by an attorney-in-fact on 08/15/2025.

Do the PRSUs convert to common stock one-for-one?

Yes. The filing states each PRSU represents a contingent right to receive one share of the issuer's common stock upon satisfaction of conditions.