Nias James 4

What Happened

• Nias James, NLIGHT's Chief Accounting Officer, sold 3,249 shares of NLIGHT common stock on March 5, 2026, at $61.96 per share, generating proceeds of approximately $201,308. The sale was a sell-to-cover to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units and was undertaken pursuant to the issuer's mandatory election — not a discretionary trade by the insider.

Key Details

• Transaction date: 2026-03-05; Price: $61.96 per share; Total proceeds: ~$201,308.
• Transaction type/code: S (Sale); sale was to cover taxes (footnote indicates tax-withholding mandated sell-to-cover).
• Weighted average price: $61.96 (range reported $61.96–$61.96); filer offers to provide the number of shares sold at each price on request (per filing).
• Shares owned after transaction: Not specified in the summary filing; footnote notes the reported holdings include common stock and unvested restricted stock units.
• Filing timeliness: Report filed on 2026-03-09 for a 2026-03-05 transaction; this is within the two-business-day Form 4 filing window and appears timely.

Context

• Sell-to-cover transactions are common when restricted stock units vest and the company requires withholding taxes by selling a portion of shares; they do not necessarily indicate the insider’s view of the company’s prospects. This was not an open-market discretionary sale but a tax-withholding action mandated by the issuer.