nLIGHT (LASR) officer sells 940 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nLIGHT, Inc. Chief Accounting Officer James Nias reported an open-market sale of 940 shares of common stock at a weighted average price of $77.99 per share.
According to the filing, this “sell to cover” transaction was mandated to satisfy tax withholding on vested restricted stock units, and Nias now holds 97,621 shares, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 940 shares ($73,311)
Net Sell
1 txn
Insider
Nias James
Role
Chief Accounting Officer
Sold
940 shs ($73K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 940 | $77.99 | $73K |
Holdings After Transaction:
Common Stock — 97,621 shares (Direct, null)
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 $77.99 to $77.99 per share. The weighted average price per share was $77.99. 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. Includes common stock owned and unvested restricted stock units.
Key Figures
Shares sold: 940 shares
Sale price: $77.99 per share
Shares held after transaction: 97,621 shares
3 metrics
Shares sold
940 shares
Open-market sale on 2026-06-03 to cover tax withholding
Sale price
$77.99 per share
Weighted average price for the reported sale range
Shares held after transaction
97,621 shares
Includes common stock and unvested restricted stock units after sale
Key Terms
restricted stock units, sell to cover, weighted average price
3 terms
restricted stock units financial
"in connection with the vesting and settlement of 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.
sell to cover financial
"funded by a "sell to cover" transaction and does not represent a discretionary"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The weighted average price per share was $77.99."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did nLIGHT (LASR) report for James Nias?
nLIGHT reported that Chief Accounting Officer James Nias sold 940 shares of common stock. The sale was executed at a weighted average price of $77.99 per share and was linked to tax withholding for recently vested restricted stock units.
What role does James Nias hold at nLIGHT (LASR) in this Form 4 filing?
James Nias is identified as an officer of nLIGHT, serving as Chief Accounting Officer. His position makes him a reporting person under SEC rules, requiring disclosure of equity transactions like this tax-related sale of common stock.