nLIGHT's CEO Keeney Executes Planned Stock Sale While Maintaining Major Stake
Rhea-AI Filing Summary
nLIGHT President and CEO Scott H. Keeney reported the sale of 6,316 shares of common stock at a weighted average price of $19.13 per share on June 18, 2025. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on June 12, 2024.
Following the transaction, Keeney retains beneficial ownership of 1,240,222 shares, which includes both direct common stock ownership and unvested restricted stock awards and units. The sale prices ranged from $19.00 to $19.19 per share.
This Form 4 filing indicates a planned liquidation of a small portion of the executive's holdings (approximately 0.5% of his total position) through a structured trading plan, which helps avoid allegations of insider trading by establishing trade parameters in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,316 | $19.13 | $121K |
Footnotes (3)
- F1. 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.
- F2. The reported transaction involves sale transactions from $19.00 to $19.19 per share. The weighted average price per share was $19.13. 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.
- F3. Includes common stock owned and unvested restricted stock awards and units.
FAQ
Was LASR CEO's stock sale part of a 10b5-1 trading plan?
What positions does Scott Keeney hold at LASR according to the Form 4?
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