Keeney Scott H 4

What Happened
Scott H. Keeney, President, CEO and Director of NLIGHT, sold a total of 19,096 shares in multiple open-market transactions on March 9, 2026. The sales were reported as: 2,180 shares at $57.48 ($125,306); 9,455 shares at $58.23 ($550,565); 4,036 shares at $59.12 ($238,608); 2,637 shares at $60.73 ($160,145); and 788 shares at $61.08 ($48,131). Proceeds total approximately $1,122,755. These transactions were sales (S) and were effected pursuant to a Rule 10b5-1 trading plan adopted June 12, 2025.

Key Details

• Transaction date: March 9, 2026 (reported on Form 4 filed March 11, 2026) — appears timely.
• Lot details and weighted averages (per filing footnotes):
  • 2,180 shares — weighted avg $57.48 (range $56.72–$57.71)
  • 9,455 shares — weighted avg $58.23 (range $57.72–$58.71)
  • 4,036 shares — weighted avg $59.12 (range $58.74–$59.69)
  • 2,637 shares — weighted avg $60.73 (range $60.02–$61.01)
  • 788 shares — weighted avg $61.08 (range $61.02–$61.17)
• Shares owned after the transaction: not specified in the provided filing excerpt. Footnote F3 indicates reported ownership figures may include common stock and unvested restricted stock units.
• Notable footnotes: sales executed under a 10b5-1 plan (adopted 6/12/2025); reporting person offers to provide breakdown of exact shares sold at each separate price upon request; Keeney Family Revocable Trust referenced (reporting person and spouse are trustees).

Context

• These were pre-arranged open-market sales under a 10b5-1 plan, which generally indicates planned disposition rather than opportunistic trading based on inside knowledge. Sales do not necessarily signal negative company outlook—insider purchases are typically more indicative of bullish sentiment.
• Retail investors tracking insider activity should note this was a routine planned sale by the CEO totaling 19.1k shares ($1.12M).