[Form 4] NLIGHT, INC. Insider Trading Activity

Rhea-AI Filing Summary

Keeney Scott H, President and CEO and director of NLIGHT, Inc. (LASR), reported sales of common stock executed on 09/18/2025 under a Rule 10b5-1 trading plan adopted on 06/12/2025. The Form 4 shows two sale transactions: 39,059 shares sold at a weighted average price of $30.76 and 23,448 shares sold at a weighted average price of $31.36, for total shares sold of 62,507. After these transactions, the reporting person beneficially owns 2,342,486 shares (first line) and 2,319,038 shares (second line) as reported, with ownership described as direct and including unvested restricted stock units. The filer states the September 18 trades corrected broker errors and represented sales that should have occurred on September 12, 2025.

Positive

• Sales were executed under a Rule 10b5-1 plan, indicating the transactions were pre-authorized
• Filing discloses weighted average prices and offers to provide per-price breakdowns on request, enhancing transparency
• Broker error and correction are explicitly explained, clarifying timing irregularity

Negative

• Insider sold 62,507 shares (39,059 and 23,448), which reduces the reporting person's holdings
• Form shows two different post-transaction beneficial ownership totals (2,342,486 and 2,319,038), which may require clarification about aggregation

Insights

Securities Analyst

TL;DR: Insider sales of 62,507 shares were executed under a 10b5-1 plan to correct broker errors; transaction appears routine and pre-planned.

The Form 4 discloses planned, Rule 10b5-1 sales by the President and CEO, indicating the transactions were pre-authorized and corrected for broker error. The filings provide weighted average prices ($30.76 and $31.36) and confirm availability of per-price breakdown upon request. From an investor-impact perspective, these are planned dispositions rather than opportunistic trades tied to undisclosed company events. Reporting clarity and the offer to furnish detailed price-level information improve transparency.

Corporate Governance Expert

TL;DR: Executed trades follow a documented 10b5-1 plan; correction for broker error is explicitly disclosed.

The disclosure identifies the adoption date of the trading plan and explains the September 18 execution as a correction of trades that should have occurred on September 12. This explicit explanation reduces ambiguity about the timing and motivation of the sales. The Form 4 also lists beneficial ownership including unvested restricted stock units, which helps interpret post-sale holdings. No additional governance or compliance concerns are stated in the filing.

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^*

Keeney Scott H

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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	09/18/2025		S		39,059(1)(2)	D	$30.76	2,342,486(3)	D
Common Stock	09/18/2025		S		23,448(1)(4)	D	$31.36	2,319,038(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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025. The sales that occurred on September 18, 2025, represent sales that should have occurred on September 12, 2025, pursuant to such trading plan but did not because of broker error. In accordance with the broker's policy and procedures for correcting trade errors, the broker executed a trade correction on September 18, 2025.

2. The reported transaction involves sale transactions from $30.17 to $31.165 per share. The weighted average price per share was $30.76. 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 $31.17 to $31.64 per share. The weighted average price per share was $31.36. 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	09/22/2025
	** 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) insider Keeney Scott H report on Form 4?

The report shows sales of 62,507 common shares on 09/18/2025 executed under a Rule 10b5-1 trading plan adopted on 06/12/2025.

Why were the September 18, 2025 trades reported as occurring then?

The filing states the trades were corrections for broker error and represented sales that should have occurred on 09/12/2025.

At what prices were the shares sold according to the Form 4?

The reported sales involved prices ranging from $30.17 to $31.64; weighted average prices were $30.76 and $31.36 for the two reported groups.

How many shares does the reporting person beneficially own after the transactions?

The Form 4 lists post-transaction beneficial ownership of 2,342,486 shares and 2,319,038 shares on the respective report lines, and notes inclusion of unvested restricted stock units.

Was the Form 4 filed individually or jointly?

The form was filed by one reporting person (the reporting person checked the single filer box).