nLIGHT (NASDAQ: LASR) director receives 847 restricted stock units

Rhea-AI Filing Summary

nLIGHT, Inc. director Carano Bandel L reported receiving an equity grant for board service. On 01/02/2026, the director acquired 847 restricted stock units in lieu of cash retainer fees for serving on nLIGHT’s board and its committees. Each unit represents a contingent right to receive one share of nLIGHT common stock after vesting, with all units scheduled to vest on December 31, 2026, as long as the director continues as a service provider.

Following this grant, the director beneficially owns 41,145 shares of nLIGHT common stock, which includes both currently owned shares and unvested restricted stock units. The grant was made at a stated price of $0.00 per share because it reflects the conversion of cash fees into equity based on the company’s closing stock price on the grant date.

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

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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^*

CARANO BANDEL L

(Last) (First) (Middle)

525 UNIVERSITY AVENUE

SUITE 1300

(Street)

PALO ALTO CA 94301

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		A		847(1)	A	$0	41,145(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 reporting person has elected to receive restricted stock units in lieu of cash retainer fees payable for service on the Issuer's board of directors and any committees thereof. Each restricted stock unit represents a contingent right to receive, following vesting, one share of the Issuer's common stock. The number of restricted stock units issued represents the quotient of (A) the amount of such fees divided by (B) the Issuer's closing stock price on the grant date, rounded down to the nearest whole share. All restricted stock units will vest on December 31, 2026 subject to the non-employee director continuing to be a service provider through the applicable vesting date.

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

Remarks:

	/s/ Julie Dimmick, as attorney-in-fact	01/06/2026
	** 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 insider transaction did nLIGHT (LASR) report in this Form 4?

The filing reports that director Carano Bandel L received 847 restricted stock units of nLIGHT common stock on 01/02/2026 as compensation for board service.

How were the 847 restricted stock units for nLIGHT (LASR) calculated?

The 847 restricted stock units equal the cash retainer fees divided by nLIGHT’s closing stock price on the grant date, rounded down to the nearest whole share.

When do the newly granted restricted stock units for nLIGHT (LASR) vest?

All of the director’s newly granted restricted stock units are scheduled to vest on December 31, 2026, subject to continued service as a non-employee director through that date.

How many nLIGHT (LASR) shares does the director own after this transaction?

After the grant, the director beneficially owns 41,145 shares of nLIGHT common stock, which includes common stock and unvested restricted stock units.

Did the nLIGHT (LASR) director pay cash for the 847 restricted stock units?

No cash was paid; the filing shows a $0.00 price per share because the director elected to receive restricted stock units instead of cash retainer fees.

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

The reporting person, Carano Bandel L, is identified as a director of nLIGHT, Inc. and the Form 4 is filed as a single reporting person filing.