Director at NLIGHT (NASDAQ: LASR) exercises 69,725 stock options

Rhea-AI Filing Summary

NLIGHT, INC. director Gary Locke exercised stock options that converted into 69,725 shares of common stock at an exercise price of $1.45 per share. Following this derivative exercise, he now directly holds 112,574 shares of common stock, including shares represented by unvested restricted stock units.

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

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

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^*

Locke Gary

(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)
03/09/2026

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	03/09/2026		M		69,725	A	$1.45	112,574(1)	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
Stock Option (Right to Buy)	$1.45	03/09/2026		M			69,725	(2)	08/03/2027	Common Stock	69,725	$0	0	D

Explanation of Responses:

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

2. This grant became fully vested and exercisable on Aug 3, 2022.

Remarks:

	/s/ Julie Dimmick, as attorney-in-fact	03/11/2026
	** 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.
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FAQ

What insider transaction did NLIGHT (LASR) director Gary Locke report?

Director Gary Locke reported exercising stock options for 69,725 shares of NLIGHT common stock. The options had a $1.45 exercise price, converting a derivative position into directly held shares as part of his existing equity compensation arrangements.

Did the NLIGHT (LASR) director sell any shares in this Form 4 filing?

No shares were reported sold in this filing. Gary Locke’s Form 4 shows an option exercise that resulted in acquiring 69,725 common shares, with no separate sale, gift, or tax-withholding disposition transactions disclosed in the reported activity.

How many NLIGHT (LASR) shares does Gary Locke hold after this transaction?

After the reported option exercise, Gary Locke directly holds 112,574 shares of NLIGHT common stock. This figure includes both currently owned shares and unvested restricted stock units, according to the disclosure footnote attached to the Form 4 filing.

What was the exercise price of the options used by the NLIGHT (LASR) director?

The exercised stock options carried an exercise price of $1.45 per share. Exercising these options allowed Gary Locke to convert 69,725 derivative rights into the same number of NLIGHT common shares at that predetermined price set in the original grant.

Were the NLIGHT (LASR) director’s stock options already vested before exercise?

Yes, the options were already fully vested before this transaction. A footnote states the grant became fully vested and exercisable on Aug 3, 2022, meaning the director could choose when to exercise the 69,725 options thereafter.

Does the NLIGHT (LASR) Form 4 mention unvested restricted stock units?

Yes, a footnote explains that the reported post-transaction total of 112,574 shares includes both common stock and unvested restricted stock units. This indicates part of the director’s holdings is still subject to future vesting conditions.