LINK RAYMOND A 4

What happened Raymond A. Link, a director of NLIGHT, Inc. (LASR), exercised derivative awards on April 27, 2026. The filing shows he acquired 500 shares at an exercise price of $1.45 (total cash value $725) and a simultaneous entry disposing of 500 shares at $0.00 (listed as a derivative disposition). The net transactions reflect an exercise/conversion event rather than an open-market buy or sale.

Key details

• Transaction date: 2026-04-27; Form 4 filed: 2026-04-29 (timely).
• Acquired: 500 shares @ $1.45 (total value reported $725).
• Disposed: 500 shares @ $0.00 (reported as a derivative disposition).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 indicates ownership totals include common stock and unvested restricted stock units; F2 notes the grant became fully vested and exercisable on June 1, 2022.
• Filing timeliness: Filed two days after the transaction (normal for Form 4).

Context This was an exercise/conversion of derivative awards (transaction code M). The zero-dollar disposition line commonly reflects shares surrendered as part of a net settlement or to cover taxes/withholding, but the filing itself does not state the specific reason. The dollar value involved is small ($725), so this is likely an administrative exercise of vested awards rather than a material market signal.