nLIGHT (LASR) CEO sells 82,744 shares, donates stock via family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nLIGHT, Inc. President and CEO Scott H. Keeney reported multiple transactions in the company’s common stock. On May 28–29, 2026, he sold a total of 82,744 shares in a series of open-market trades at prices generally between the low $70s and low $80s per share. At least one sale was made under a Rule 10b5-1 trading plan adopted on June 12, 2025, meaning it was pre-arranged rather than timed discretionarily. Keeney also made a bona fide gift of 3,973 shares from the Keeney Family Revocable Trust to a charitable foundation. After these transactions, he continues to hold roughly 2.2 million shares directly and 501 shares indirectly through the family trust, indicating he retains a substantial equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 82,744 shares ($6,288,648)
Net Sell
12 txns
Insider
Keeney Scott H
Role
President and CEO
Sold
82,744 shs ($6.29M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,180 | $72.37 | $520K |
| Sale | Common Stock | 21,332 | $73.06 | $1.56M |
| Sale | Common Stock | 10,070 | $73.96 | $745K |
| Sale | Common Stock | 1,278 | $75.12 | $96K |
| Sale | Common Stock | 799 | $76.21 | $61K |
| Sale | Common Stock | 712 | $77.39 | $55K |
| Gift | Common Stock | 3,973 | $0.00 | -- |
| Sale | Common Stock | 5,394 | $77.44 | $418K |
| Sale | Common Stock | 21,326 | $78.29 | $1.67M |
| Sale | Common Stock | 9,861 | $79.14 | $780K |
| Sale | Common Stock | 3,363 | $80.34 | $270K |
| Sale | Common Stock | 1,429 | $81.06 | $116K |
Holdings After Transaction:
Common Stock — 2,244,220 shares (Direct, null);
Common Stock — 501 shares (Indirect, By Keeney Family Revocable Trust)
Footnotes (1)
- This reported sale was 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 $76.76 to $77.76 per share. The weighted average price per share was $77.44. 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 $77.76 to $78.76 per share. The weighted average price per share was $78.29. 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 $78.77 to $79.75 per share. The weighted average price per share was $79.14. 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 $79.77 to $80.76 per share. The weighted average price per share was $80.34. 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 $80.86 to $81.58 per share. The weighted average price per share was $81.06. 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 $71.68 to $72.67 per share. The weighted average price per share was $72.37. 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 $72.68 to $73.68 per share. The weighted average price per share was $73.06. 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 $73.68 to $74.68 per share. The weighted average price per share was $73.96. 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. The reported transaction involves sale transactions from $74.70 to $75.66 per share. The weighted average price per share was $75.12. 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 $75.88 to $76.79 per share. The weighted average price per share was $76.21. 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 $77.25 to $77.80 per share. The weighted average price per share was $77.39. 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. Gift of shares to a charitable foundation. Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees.
Key Figures
Net shares sold: 82,744 shares
Gifted shares: 3,973 shares
Weighted average sale price: $77.44 per share
+5 more
8 metrics
Net shares sold
82,744 shares
Open-market sales of common stock on May 28–29, 2026
Gifted shares
3,973 shares
Bona fide gift from Keeney Family Revocable Trust to charitable foundation
Weighted average sale price
$77.44 per share
One group of reported sale transactions
Weighted average sale price
$78.29 per share
Another group of reported sale transactions
Weighted average sale price
$79.14 per share
Sale transactions in the $78.77 to $79.75 range
Post-transaction direct holdings
approximately 2.2 million shares
Direct common stock held after reported sales
Post-transaction indirect holdings
501 shares
Common stock held by Keeney Family Revocable Trust
Rule 10b5-1 plan adoption date
June 12, 2025
Plan governing at least one reported sale
Key Terms
Rule 10b5-1 trading plan, bona fide gift, weighted average price per share, restricted stock units, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"Gift of shares to a charitable foundation."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"Includes common stock owned and unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
revocable living trust financial
"Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees."
FAQ
What insider transactions did nLIGHT (LASR) CEO Scott H. Keeney report?
Scott H. Keeney reported selling common stock in multiple open-market trades and making a charitable gift. The sales totaled 82,744 shares over May 28–29, 2026, alongside a separate bona fide gift of 3,973 shares from a family trust.
Was the nLIGHT (LASR) CEO’s stock sale under a Rule 10b5-1 plan?
At least one reported sale was executed under a Rule 10b5-1 trading plan. The filing states this plan was adopted by the reporting person on June 12, 2025, indicating the transaction was pre-arranged rather than timed in response to short-term market movements.
Did nLIGHT (LASR) CEO Scott H. Keeney make any stock gifts?
Yes. The filing shows a bona fide gift of 3,973 common shares. These shares were transferred from the Keeney Family Revocable Trust to a charitable foundation, reflecting a non-market disposition rather than an open-market sale of stock.
What is the role of the Keeney Family Revocable Trust in nLIGHT (LASR) holdings?
The Keeney Family Revocable Trust holds a small indirect position in nLIGHT stock. The filing notes it is a revocable living trust for which the reporting person and his spouse are trustees, and shows 501 shares held after the reported transactions.