nLIGHT (NASDAQ: LASR) CEO sells shares under preset trading plan
Rhea-AI Filing Summary
NLIGHT, INC. (LASR) reported that President and CEO Scott H. Keeney exercised stock options and sold the resulting shares in late August 2026. He exercised options for a total of 363,500 shares of common stock at an exercise price of $1.45 per share on August 21 and 24, 2026, then sold 363,500 shares in multiple open-market transactions at weighted-average prices ranging from about $44.03 to $48.97 per share. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026. An additional 501 shares are reported as held indirectly through the Keeney Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
0 shares exercised/converted
Exercise
14 txns
Insider
Keeney Scott H
Role
President and CEO
Sold
363,500 shs ($16.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F12 | 0 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 181,750 | $1.45 | $264K |
| Sale | Common Stock F7, F2, F1 | 155,008 | $44.03 | $6.83M |
| Sale | Common Stock F8, F2, F1 | 25,039 | $44.79 | $1.12M |
| Sale | Common Stock F9, F2, F1 | 1,703 | $45.92 | $78K |
| Exercise | Stock Option (Right to Buy) F11 | 0 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F12 | 0 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 99,706 | $1.45 | $145K |
| Exercise | Common Stock F1 | 82,044 | $1.45 | $119K |
| Sale | Common Stock F3, F2, F1 | 64,729 | $46.29 | $3.00M |
| Sale | Common Stock F4, F2, F1 | 112,470 | $47.15 | $5.30M |
| Sale | Common Stock F5, F2, F1 | 2,459 | $47.92 | $118K |
| Sale | Common Stock F6, F2, F1 | 2,092 | $48.97 | $102K |
| holding | Common Stock F10 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 181,750 shares (Direct);
Common Stock — 2,185,039 shares (Direct);
Common Stock — 501 shares (Indirect, By Keeney Family Revocable Trust)
Footnotes (12)
- F1. Includes common stock owned and unvested restricted stock units.
- F2. This reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026.
- F3. The reported transaction involves sale transactions from $45.72 to $46.71 per share. The weighted average price per share was $46.29. 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.
- F4. The reported transaction involves sale transactions from $46.72 to $47.71 per share. The weighted average price per share was $47.15. 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.
- F5. The reported transaction involves sale transactions from $47.72 to $48.71 per share. The weighted average price per share was $47.92. 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.
- F6. The reported transaction involves sale transactions from $48.72 to $49.16 per share. The weighted average price per share was $48.97. 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.
- F7. The reported transaction involves sale transactions from $43.54 to $44.54 per share. The weighted average price per share was $44.03. 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.
- F8. The reported transaction involves sale transactions from $44.54 to $45.51 per share. The weighted average price per share was $44.79. 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.
- F9. The reported transaction involves sale transactions from $45.54 to $46.48 per share. The weighted average price per share was $45.92. 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.
- F10. Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees.
- F11. This grant became fully vested and exercisable on June 1, 2022.
- F12. This grant became fully vested and exercisable on December 1, 2021.
Key Figures
Options exercised: 363,500 shares of common stock
Exercise price: $1.45 per share
Shares sold: 363,500 shares
+4 more
7 metrics
Options exercised
363,500 shares of common stock
Underlying shares from option exercises on August 21 and 24, 2026
Exercise price
$1.45 per share
Stock Option (Right to Buy) conversion or exercise price
Shares sold
363,500 shares
Total net shares sold according to transaction summary
Weighted average sale price
$46.29 per share
One sale tranche on August 21, 2026; range $45.72–$46.71
Highest weighted average sale price
$48.97 per share
Sale tranche with price range $48.72–$49.16 per share
Lowest weighted average sale price
$44.03 per share
Sale tranche with price range $43.54–$44.54 per share
Indirect trust holdings
501 shares
Common stock held indirectly by Keeney Family Revocable Trust
Key Terms
Rule 10b5-1 trading plan, weighted average price per share, revocable living trust, Stock Option (Right to Buy)
4 terms
Rule 10b5-1 trading plan regulatory
"This reported sale was effected pursuant to a Rule 10b5-1 trading plan"
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.
revocable living trust financial
"Keeney Family Revocable Trust is a revocable living trust for which"
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
FAQ
What did LASR CEO Scott H. Keeney report in this Form 4?
He reported exercising stock options to acquire 363,500 shares of NLIGHT common stock at $1.45 per share on August 21 and 24, 2026, and selling 363,500 shares of common stock in multiple open‑market transactions under a Rule 10b5-1 trading plan.
What options did the NLIGHT (LASR) CEO exercise in this filing?
He exercised stock options with an exercise price of $1.45 per share, covering 363,500 underlying shares of NLIGHT common stock. Related footnotes state these option grants became fully vested and exercisable on June 1, 2022 and December 1, 2021, respectively.
Were the NLIGHT (LASR) insider sales under a Rule 10b5-1 plan?
Yes. A footnote states that the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Scott H. Keeney on May 22, 2026. The document-level Rule 10b5‑1 checkbox is also marked as affirmed for these transactions.
Does the NLIGHT (LASR) CEO report any indirect holdings?
Yes. The filing reports 501 shares of NLIGHT common stock held indirectly by the Keeney Family Revocable Trust, which is described as a revocable living trust for which the reporting person and his spouse are trustees.
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