NLIGHT (NASDAQ: LASR) CFO sells 25,328 shares in planned tax-related trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NLIGHT, INC. Chief Financial Officer Joseph John Corso reported selling a total of 25,328 shares of common stock in open-market transactions. On March 5, 2026 he sold 13,038 shares at a weighted average price of $61.96 per share, and on March 6, 2026 he sold 12,290 shares at a weighted average price of $60.39 per share.
According to the disclosure, part of the sale was mandated to cover tax withholding obligations tied to the vesting and settlement of restricted stock units and was not a discretionary trade. The reported sales were effected under a Rule 10b5-1 trading plan adopted on September 15, 2025. After these transactions, he held 170,896 shares, including unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,328 shares ($1,550,028)
Net Sell
2 txns
Insider
Corso Joseph John
Role
Chief Financial Officer
Sold
25,328 shs ($1.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,290 | $60.39 | $742K |
| Sale | Common Stock | 13,038 | $61.96 | $808K |
Holdings After Transaction:
Common Stock — 170,896 shares (Direct)
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 September 15, 2025. The reported transaction involves sale transactions from $60.39 to $60.39 per share. The weighted average price per share was $60.39. 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.
FAQ
What insider transaction did NLIGHT (LASR) report for its CFO?
NLIGHT’s Chief Financial Officer Joseph John Corso reported selling 25,328 shares of common stock in two open-market transactions. The sales occurred on March 5 and March 6, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan adopted in September 2025.