[Form 4] nLIGHT, Inc. Insider Trading Activity

Rhea-AI Filing Summary

nLIGHT, Inc. (LASR) reporting person Scott H. Keeney, who serves as President & CEO and a director, reported a sale of common stock on 09/04/2025. The Form 4 shows 9,604 shares were sold at $29.14 per share. The filing states this sale was a mandated "sell to cover" transaction to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs), and was not a discretionary trade by the reporting person.

After the transaction, the reporting person beneficially owned 2,396,936 shares, a figure the filing notes includes both vested common stock and unvested RSUs. The form was signed by an attorney-in-fact on behalf of the reporting person on 09/08/2025.

Positive

• Disclosure of non-discretionary sell-to-cover clarifies that the sale was to satisfy tax withholding and not a voluntary divestiture
• Substantial remaining ownership: reporting person beneficially owns 2,396,936 shares including unvested RSUs, indicating ongoing alignment with shareholders
• Timely filing and signature by attorney-in-fact (Form 4 filed and signed on 09/08/2025)

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider "sell to cover" of RSU withholding; not a discretionary liquidation and appears immaterial to ownership stake.

The reported transaction is explicitly described as a non-discretionary sell-to-cover to satisfy tax withholding on vested RSUs, which is a common administrative practice and reduces the risk that the sale signals a change in insider sentiment. The reporting person still beneficially owns a substantial position of 2,396,936 shares including unvested RSUs, indicating continued alignment with shareholders. From a governance perspective, transparency and use of an attorney-in-fact to file the Form 4 are consistent with compliance norms.

Securities Analyst

TL;DR: Transaction is operational, not performance-driven; impact on float and liquidity is minimal given remaining holdings.

The sale of 9,604 shares at $29.14 constitutes a small disposition relative to the reported total beneficial ownership. Because the filing attributes the sale to tax withholding for RSU settlement, it should not be interpreted as a directional signal about company prospects. The continued large beneficial ownership suggests the reporting person retains significant economic exposure to company performance.

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)
09/04/2025

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	09/04/2025		S		9,604(1)	D	$29.14	2,396,936(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. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

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

Remarks:

	/s/ Julie Dimmick, as attorney-in-fact	09/08/2025
	** 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 Scott H. Keeney (LASR) sell on 09/04/2025?

He sold 9,604 shares of common stock at $29.14 per share on 09/04/2025.

Why were the LASR shares sold by the reporting person?

The Form 4 states the sale was a mandated "sell to cover" to satisfy tax withholding obligations from the vesting and settlement of restricted stock units.

How many LASR shares does the reporting person own after the transaction?

The reporting person beneficially owned 2,396,936 shares following the reported transaction; this total includes common stock and unvested RSUs.

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

The filing lists the reporting person as a Director and as an Officer with the title President and CEO.

Who signed the Form 4 and when?

The Form 4 was signed by /s/ Julie Dimmick, as attorney-in-fact on 09/08/2025.