nLIGHT's Chief Executive Maintains Strong Position Despite $665K Stock Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nLIGHT President and CEO Scott H. Keeney executed planned stock sales under a Rule 10b5-1 trading plan established on June 12, 2024. The transactions occurred over two days:
- On June 16, 2025: Sold 4,063 shares at weighted average price of $19.01 per share (range: $19.00-$19.03)
- On June 17, 2025: Sold 30,939 shares at weighted average price of $19.18 per share (range: $19.00-$19.43)
Following these transactions, Keeney maintains beneficial ownership of 1,246,538 shares held directly, including common stock and unvested restricted stock awards/units. These sales were executed according to a pre-established trading plan, demonstrating compliance with insider trading regulations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,002 shares ($670,648)
Net Sell
2 txns
Insider
Keeney Scott H
Role
President and CEO
Sold
35,002 shs ($671K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,939 | $19.18 | $593K |
| Sale | Common Stock | 4,063 | $19.01 | $77K |
Holdings After Transaction:
Common Stock — 1,246,538 shares (Direct)
Footnotes (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. The reported transaction involves sale transactions from $19.00 to $19.03 per share. The weighted average price per share was $19.01. 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. Includes common stock owned and unvested restricted stock awards and units. The reported transaction involves sale transactions from $19.00 to $19.43 per share. The weighted average price per share was $19.18. 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.
FAQ
What was the selling price of LASR stock in CEO Keeney's June 2025 transactions?
The shares were sold at weighted average prices of $19.01 per share on June 16 (ranging from $19.00 to $19.03) and $19.18 per share on June 17 (ranging from $19.00 to $19.43).
Was LASR CEO Keeney's stock sale planned in advance?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that CEO Keeney adopted on June 12, 2024, approximately one year before the transactions.