Director at nLIGHT (LASR) sells shares in pre-set 10b5-1 trading plan

Rhea-AI Filing Summary

nLIGHT, Inc. director Raymond A. Link reported open-market sales of 25,404 shares of Common Stock in mid-March 2026 under a pre-arranged Rule 10b5-1 trading plan. He sold 10,000 shares at $62.79 on March 11, 8,760 shares at $64.42 on March 12, and 6,644 shares at $63.28 on March 13. Following these transactions, he directly owns 77,172 shares, which includes common stock and unvested restricted stock units.

Insights

Equity market structure analyst

Director executes pre-planned share sales but keeps a sizable remaining stake.

Director Raymond A. Link sold a total of 25,404 shares of nLIGHT, Inc. Common Stock through three open-market transactions coded “S”. All sales were effected under a Rule 10b5-1 trading plan adopted on December 11, 2025, indicating they were pre-scheduled.

The weighted average prices were $62.79, $64.42, and $63.28 per share on the respective dates. After these trades, he holds 77,172 shares directly, including unvested restricted stock units. Given the pre-planned nature and the remaining holdings, this set of sales is best viewed as a routine liquidity event rather than a thesis-changing signal.

Insider Trade Summary 10b5-1

Net Seller: 25,404 shares ($1,612,652)

Net Sell 3 txns

Insider LINK RAYMOND A

Role Director

Sold 25,404 shs ($1.61M)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,644	$63.28	$420K
Sale	Common Stock	8,760	$64.42	$564K
Sale	Common Stock	10,000	$62.79	$628K

Holdings After Transaction: Common Stock — 77,172 shares (Direct)

Footnotes (1)

1. These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2025. The reported transaction involves sale transactions from $62.79 to $62.79 per share. The weighted average price per share was $62.79. 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. Includes common stock owned and unvested restricted stock units. The reported transaction involves sale transactions from $64.42 to $64.42 per share. The weighted average price per share was $64.42. 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 $63.28 to $63.28 per share. The weighted average price per share was $63.28. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LINK RAYMOND A

(Last) (First) (Middle)

4637 NW 18TH AVENUE

(Street)

CAMAS WA 98607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NLIGHT, INC. [ LASR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		S		10,000(1)	D	$62.79(2)	92,576(3)	D
Common Stock	03/12/2026		S		8,760(1)	D	$64.42(4)	83,816(3)	D
Common Stock	03/13/2026		S		6,644(1)	D	$63.28(5)	77,172(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2025.

2. The reported transaction involves sale transactions from $62.79 to $62.79 per share. The weighted average price per share was $62.79. 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.

3. Includes common stock owned and unvested restricted stock units.

4. The reported transaction involves sale transactions from $64.42 to $64.42 per share. The weighted average price per share was $64.42. 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.

5. The reported transaction involves sale transactions from $63.28 to $63.28 per share. The weighted average price per share was $63.28. 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.

Remarks:

	/s/ Julie Dimmick, as attorney-in-fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did nLIGHT (LASR) director Raymond A. Link report in this Form 4?

He reported selling a total of 25,404 shares of nLIGHT Common Stock in three open-market transactions. These trades occurred on March 11, 12, and 13, 2026, at prices between $62.79 and $64.42 per share, under a Rule 10b5-1 trading plan.

How many nLIGHT (LASR) shares does Raymond A. Link hold after these transactions?

After the reported sales, Raymond A. Link directly holds 77,172 nLIGHT shares. This figure includes both common stock and unvested restricted stock units, indicating he retains a meaningful equity position in the company despite the recent sales activity.

Were the nLIGHT (LASR) share sales by Raymond A. Link pre-planned?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as a signal of the insider’s short-term view on the stock.

At what prices did Raymond A. Link sell his nLIGHT (LASR) shares?

He sold 10,000 shares at $62.79 on March 11, 8,760 shares at $64.42 on March 12, and 6,644 shares at $63.28 on March 13. The filing provides weighted average prices and offers to supply detailed trade breakdowns upon request.

Does the Form 4 for nLIGHT (LASR) involve any derivative securities or option exercises?

No. All reported transactions involve non-derivative Common Stock with transaction code “S” for open-market sales. The derivative section of the filing is empty, indicating no option exercises or other derivative transactions were reported for these dates.

What does it mean that Link’s remaining nLIGHT (LASR) holdings include unvested RSUs?

The filing notes his 77,172 remaining shares include unvested restricted stock units. RSUs are share-based awards that vest over time, so this detail shows part of his reported holdings reflect ongoing equity compensation that will fully convert into common stock as vesting conditions are met.