nLIGHT (NASDAQ: LASR) CEO reports 55,895-share stock sale under plan
Rhea-AI Filing Summary
nLIGHT, Inc. President and CEO Scott H. Keeney reported open-market sales of 55,895 shares of common stock on March 5–6, 2026. The shares were sold in multiple trades at prices ranging from about $58.58 to $63.40 per share.
According to the footnotes, part of the sale on March 5 was made to cover tax withholding obligations tied to vesting restricted stock units, and some sales were executed under a pre-established Rule 10b5-1 trading plan adopted on June 12, 2025. After these transactions, Keeney directly owned 2,229,125 shares of common stock, including unvested restricted stock units, and indirectly held an additional 4,474 shares through the Keeney Family Revocable Trust.
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Insights
CEO’s 55,895-share sale is largely pre-planned and partially tax-related, so impact appears routine.
The President and CEO of nLIGHT disclosed selling 55,895 common shares across March 5–6, 2026, at prices roughly between $58.58 and $63.40 per share. Footnotes state that one transaction on March 5, 2026 was specifically to satisfy tax withholding from restricted stock unit vesting.
Other reported sales were made pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2025. After the transactions, the CEO retained 2,229,125 shares directly, including unvested restricted stock units, plus 4,474 shares held indirectly via the Keeney Family Revocable Trust. Given the pre-planned and tax-driven nature, this appears as a routine liquidity and withholding-management event rather than a thesis-changing development.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,804 | $58.58 | $281K |
| Sale | Common Stock | 3,924 | $59.99 | $235K |
| Sale | Common Stock | 9,291 | $60.87 | $566K |
| Sale | Common Stock | 3,980 | $61.62 | $245K |
| Sale | Common Stock | 1,487 | $62.87 | $93K |
| Sale | Common Stock | 170 | $63.40 | $11K |
| Sale | Common Stock | 32,239 | $61.96 | $2.00M |
| holding | Common Stock | -- | -- | -- |
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 $61.96 to $61.96 per share. The weighted average price per share was $61.96. 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. These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025. The reported transaction involves sale transactions from $58.31 to $59.30 per share. The weighted average price per share was $58.58. 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. The reported transaction involves sale transactions from $59.31 to $60.30 per share. The weighted average price per share was $59.99. 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. The reported transaction involves sale transactions from $60.31 to $61.30 per share. The weighted average price per share was $60.87. 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. The reported transaction involves sale transactions from $61.31 to $62.30 per share. The weighted average price per share was $61.62. 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. The reported transaction involves sale transactions from $62.31 to $63.30 per share. The weighted average price per share was $62.87. 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. The reported transaction involves sale transactions from $63.31 to $63.48 per share. The weighted average price per share was $63.40. 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