Keeney Scott H 4

What Happened
Scott H. Keeney, President, CEO and a director of NLIGHT, sold a total of 55,895 shares in open-market transactions on March 5–6, 2026 for aggregate proceeds of approximately $3,429,404. Individual sales ranged from $58.58 to $63.40 per share (one sale on March 5 at $61.96). These transactions are reported as sales (S) and include shares sold to satisfy tax-withholding obligations related to restricted stock unit (RSU) vesting; some sales were also effected pursuant to a Rule 10b5‑1 trading plan.

Key Details

• Transaction dates: March 5–6, 2026. Filing date: March 9, 2026 (Form 4 filed timely).
• Total shares sold: 55,895. Total proceeds: ~$3.43 million.
• Price details: trades reported at $61.96 (3/5) and between $58.58–$63.40 (3/6); weighted averages and price ranges are disclosed in footnotes, with per-trade averages available on request to the SEC/issuer/shareholders.
• Notable footnotes: F1 indicates sell-to-cover to satisfy tax withholding on RSU settlement (not a discretionary sale); F4 notes some sales were made under a 10b5‑1 plan; F3 clarifies reported ownership includes common stock and unvested RSUs; F11 identifies a family revocable trust for which Keeney is trustee.
• Shares owned after transaction: exact post-transaction beneficial ownership is not specified in the excerpt; see the full Form 4 for holdings detail.

Context
Sell-to-cover transactions and sales under 10b5‑1 plans are typically mechanical (tax-related or pre-scheduled) rather than discretionary signals of sentiment. For retail investors, outright insider purchases are generally more indicative of positive insider conviction; reported sales like these can reflect routine tax or liquidity actions. For full transaction detail and remaining holdings, consult the complete Form 4 filing (Accession 0001628280-26-016188).