Nias James 4
4 · NLIGHT, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
nLight (LASR) Chief Accounting Officer James Nias Sells Shares
What Happened
James Nias, Chief Accounting Officer of nLight, sold a total of 3,052 shares in two open-market transactions to cover tax withholding tied to vested restricted stock units. On May 15, 2026 he sold 1,487 shares at $75.16 for $111,763, and on May 18, 2026 he sold 1,565 shares at $70.82 for $110,833 — total proceeds about $222,596. These were sales (not purchases) and were mandated as "sell-to-cover" to satisfy tax obligations, not discretionary trades.
Key Details
- Transaction dates/prices: 5/15/2026 — 1,487 sh @ $75.16 (weighted avg $75.16); 5/18/2026 — 1,565 sh @ $70.82 (weighted avg $70.82).
- Total shares sold: 3,052; total proceeds ≈ $222,596.
- Shares owned after transaction: not specified in the provided summary; footnote indicates reported holdings include common stock and unvested restricted stock units.
- Notable footnotes: F1 — sales were sell-to-cover for tax withholding (mandated by issuer); F2/F4 — weighted average prices per sale provided; F5 — filing notes shares from the ESPP purchase period (Nov 16, 2025–May 15, 2026) purchased at 85% of the Nov 17, 2025 closing price are included in holdings.
- Filing timeliness: Form 4 filed May 19, 2026; this appears timely (within the required two business days of the May 15/18 transactions).
Context
These were routine sell-to-cover transactions associated with RSU vesting and tax withholding — common and generally not interpreted as a sign of changed insider conviction. The filing also references ESPP purchases that increased holdings; no option exercises or discretionary open-market purchases were reported.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-05-15$75.16/sh−1,487$111,763→ 101,744 total - Sale
Common Stock
[F1][F4][F3][F5]2026-05-18$70.82/sh−1,565$110,833→ 100,594 total
Footnotes (5)
- [F1]This reported sale represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F2]The reported transaction involves sale transactions from $75.16 to $75.16 per share. The weighted average price per share was $75.16. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
- [F3]Includes common stock owned and unvested restricted stock units.
- [F4]The reported transaction involves sale transactions from $70.82 to $70.82 per share. The weighted average price per share was $70.82. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
- [F5]Amount includes shares purchased pursuant to the nLIGHT, Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of November 16, 2025 through May 15, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on November 17th, 2025.