LINK RAYMOND A 4

What Happened
Raymond A. Link, a director of NLIGHT, sold a total of 25,404 shares in three open-market transactions between March 11–13, 2026, for aggregate proceeds of approximately $1,612,651. The individual trades were: 10,000 shares at $62.79 (3/11) for $627,900; 8,760 shares at $64.42 (3/12) for $564,319; and 6,644 shares at $63.28 (3/13) for $420,432. These were sales (code S) and, per the filing, were executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction dates and prices:
  • 2026-03-11: 10,000 shares at $62.79 — $627,900
  • 2026-03-12: 8,760 shares at $64.42 — $564,319
  • 2026-03-13: 6,644 shares at $63.28 — $420,432
• Total shares sold: 25,404; total proceeds: ~$1,612,651.
• Shares owned after transaction: not specified in the provided filing text (filing notes holdings "include common stock owned and unvested restricted stock units").
• Notable footnotes:
  • F1: Sales were effected pursuant to a Rule 10b5-1 plan adopted December 11, 2025 (pre-arranged trading plan).
  • F2–F5: Each transaction reports its price and weighted-average price equals the per-share price listed; the reporting person will provide a breakdown on request.
• Timeliness: No late-filing indication was provided in the supplied information.

Context: These were planned sales under a 10b5-1 plan, which means the trades were pre-scheduled and executed according to that plan. Sales under such plans are generally viewed as routine portfolio-management actions; the filing itself does not explain the reporter’s motivation.