[Form 4] nLIGHT, Inc. Insider Trading Activity
Joseph John Corso, Chief Financial Officer of nLIGHT, Inc. (LASR), reported two mandatory "sell-to-cover" transactions tied to the vesting of restricted stock units. On 08/18/2025 he sold 5,991 shares at $26.69 per share and on 08/19/2025 he sold 8,449 shares at $26.28 per share to satisfy tax-withholding obligations. After the transactions the reporting person beneficially owned 336,922 shares, a figure that the filing notes includes both fully owned common stock and unvested restricted stock units. The filing clarifies these sales were required by the issuer's tax-withholding election and not discretionary trades. The Form 4 was executed by an attorney-in-fact on behalf of the reporting person.
- Sales were mandatory "sell-to-cover" transactions, indicating they were executed to satisfy tax withholding and were not discretionary trades by the CFO.
- Reporting was timely and complete for the two transactions with specific prices and post-transaction holdings disclosed.
- CFO's beneficial holding decreased by 14,440 shares (5,991 on 08/18/2025 and 8,449 on 08/19/2025), which reduces insider ownership in the short term.
- Form shows a material portion of holdings are unvested RSUs, meaning actual voting and saleable shares may change as vesting occurs.
Insights
TL;DR: Routine, non-discretionary sell-to-cover by CFO reduces share count by 14,440 shares; no new information on company operations.
The transactions are standard tax-withholding sales associated with RSU vesting and are disclosed to maintain Section 16 compliance. The total disposition of 14,440 shares represents a modest reduction in the CFO's beneficial holding; the filing states the remaining 336,922 shares include unvested RSUs, which limits the interpretation of immediate liquidity or intent. There is no indication of additional sales, options exercise, or derivative activity in this Form 4.
TL;DR: Governance process working as expected: issuer-mandated sell-to-cover executed and disclosed promptly.
The filing demonstrates internal compliance with tax-withholding procedures and timely disclosure under Section 16. The clarification that sales were mandated by the issuer reduces concerns about insider signaling. The use of an attorney-in-fact to sign the form is consistent with common practice and does not indicate governance issues by itself. No material governance events are disclosed.