NLIGHT (LASR) CEO sells 19,096 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NLIGHT, INC. President and CEO Scott H. Keeney sold 19,096 shares of common stock on March 9, 2026 in open-market transactions. The sales occurred at prices from $56.72 to $61.17 per share under a Rule 10b5-1 trading plan adopted on June 12, 2025. After these trades, he holds 2,210,029 shares directly and 4,474 shares indirectly through the Keeney Family Revocable Trust, which also includes unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,096 shares ($1,122,755)
Net Sell
6 txns
Insider
Keeney Scott H
Role
President and CEO
Sold
19,096 shs ($1.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,180 | $57.48 | $125K |
| Sale | Common Stock | 9,455 | $58.23 | $551K |
| Sale | Common Stock | 4,036 | $59.12 | $239K |
| Sale | Common Stock | 2,637 | $60.73 | $160K |
| Sale | Common Stock | 788 | $61.08 | $48K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,226,945 shares (Direct);
Common Stock — 4,474 shares (Indirect, By Keeney Family Revocable Trust)
Footnotes (1)
- These reported sales were 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 $56.72 to $57.71 per share. The weighted average price per share was $57.48. 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 $57.72 to $58.71 per share. The weighted average price per share was $58.23. 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 $58.74 to $59.69 per share. The weighted average price per share was $59.12. 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 $60.02 to $61.01 per share. The weighted average price per share was $60.73. 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 $61.02 to $61.17 per share. The weighted average price per share was $61.08. 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. Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees.
FAQ
Was the NLIGHT (LASR) CEO stock sale made under a Rule 10b5-1 plan?
Yes, the filing states the reported sales were made under a Rule 10b5-1 trading plan adopted on June 12, 2025. Such plans pre-schedule trades, indicating these transactions were executed according to a predetermined program rather than ad hoc market timing.
What is the role of the Keeney Family Revocable Trust in NLIGHT (LASR) holdings?
The Keeney Family Revocable Trust holds 4,474 shares of NLIGHT common stock for the reporting person and his spouse as trustees. A footnote explains these holdings include both common stock and unvested restricted stock units, and are reported as indirect ownership.
Did the NLIGHT (LASR) CEO’s Form 4 involve any options or derivative securities?
No, all reported transactions involve non-derivative common stock, and the derivative summary is empty. The Form 4 shows only open-market sales of common shares and an indirect holding entry, with no option exercises, conversions, or other derivative transactions disclosed.