nLIGHT (LASR) CEO reports 87,775-share sale but retains sizable stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NLIGHT, INC. President and CEO Scott H. Keeney reported selling a total of 87,775 shares of common stock in mid‑May. On May 15, he sold 42,584 shares at a weighted average price of $75.16 per share in open‑market transactions.
On May 18, he sold 45,191 shares at a weighted average price of $70.82 per share to cover tax withholding obligations tied to vesting restricted stock units, a mandated “sell to cover” transaction rather than a discretionary sale. After these transactions, he holds 2,422,254 shares directly, plus 4,474 shares held indirectly through the Keeney Family Revocable Trust, which includes unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 87,775 shares ($6,401,040)
Net Sell
3 txns
Insider
Keeney Scott H
Role
President and CEO
Sold
87,775 shs ($6.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,191 | $70.82 | $3.20M |
| Sale | Common Stock | 42,584 | $75.16 | $3.20M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,422,254 shares (Direct, null);
Common Stock — 4,474 shares (Indirect, By Keeney Family Revocable Trust)
Footnotes (1)
- This reported sale 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. The reported transaction involves sale transactions from $75.16 to $75.16 per share. The weighted average price per share was $75.16. 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 units. The reported transaction involves sale transactions from $70.82 to $70.82 per share. The weighted average price per share was $70.82. 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. Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees.