Keeney Scott H 4
4 · NLIGHT, INC. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
nLIGHT (LASR) CEO Scott Keeney Sells Shares
What Happened
- Scott H. Keeney, President, CEO and Director of nLIGHT, sold a total of 129,481 shares in multiple open-market transactions between May 19–21, 2026 for aggregate proceeds of approximately $9.22 million. Individual sales ranged from $68.48 to $76.46 per share; the overall weighted-average price was about $71.24 per share.
- These were disposals (sales), not purchases. Several sales were done to satisfy tax-withholding on vested restricted stock units (sell-to-cover), and at least some activity was executed under a Rule 10b5‑1 trading plan.
Key Details
- Transaction dates: May 19, 2026 through May 21, 2026.
- Shares sold: 129,481 total; proceeds ≈ $9,224,183; weighted-average price ≈ $71.24.
- Price range by grouped trades: $68.48 up to $76.46 (multiple weighted-average groupings reported in the filing).
- Footnotes: F1 notes sales to cover tax withholding on RSU vesting; F4 notes at least one sale under a Rule 10b5‑1 plan; other footnotes provide detailed price-range groupings and weighted averages and offer to provide per-price breakdowns on request.
- Holdings after transaction: the excerpt references common stock and unvested RSUs (footnote F3) but does not disclose the total shares remaining owned by the reporting person in the provided data.
- Timeliness: Report filed May 21, 2026 for transactions through May 21, 2026; Form 4 filing appears timely (typically due within two business days).
Context
- These sales appear largely routine: sell-to-cover transactions are common when restricted stock units vest and do not necessarily indicate a change in executive confidence. Sales under a 10b5‑1 plan are pre‑arranged trading arrangements designed to avoid trading based on material nonpublic information. For retail investors, purchases are generally more informative about insider conviction than routine tax‑related sales.
Insider Transaction Report
Form 4
NLIGHT, INC.LASR
Keeney Scott H
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-19$68.48/sh−46,735$3,200,413→ 2,375,519 total - Sale
Common Stock
[F4][F5][F3]2026-05-20$68.81/sh−2,217$152,552→ 2,373,302 total - Sale
Common Stock
[F4][F6][F3]2026-05-20$69.98/sh−15,104$1,056,978→ 2,358,198 total - Sale
Common Stock
[F4][F7][F3]2026-05-20$70.77/sh−22,264$1,575,623→ 2,335,934 total - Sale
Common Stock
[F4][F8][F3]2026-05-20$71.36/sh−1,788$127,592→ 2,334,146 total - Sale
Common Stock
[F4][F9][F3]2026-05-21$71.47/sh−889$63,537→ 2,333,257 total - Sale
Common Stock
[F4][F10][F3]2026-05-21$72.93/sh−1,717$125,221→ 2,331,540 total - Sale
Common Stock
[F4][F11][F3]2026-05-21$73.73/sh−2,068$152,474→ 2,329,472 total - Sale
Common Stock
[F4][F12][F3]2026-05-21$74.96/sh−16,842$1,262,476→ 2,312,630 total - Sale
Common Stock
[F4][F13][F3]2026-05-21$75.80/sh−16,590$1,257,522→ 2,296,040 total - Sale
Common Stock
[F4][F14][F3]2026-05-21$76.46/sh−3,267$249,795→ 2,292,773 total
Holdings
- 4,474(indirect: By Trust)
Common Stock
[F15]
Footnotes (15)
- [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.
- [F10]The reported transaction involves sale transactions from $72.27 to $73.26 per share. The weighted average price per share was $72.93. 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.
- [F11]The reported transaction involves sale transactions from $73.28 to $74.27 per share. The weighted average price per share was $73.73. 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.
- [F12]The reported transaction involves sale transactions from $74.33 to $75.31 per share. The weighted average price per share was $74.96. 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.
- [F13]The reported transaction involves sale transactions from $75.33 to $76.30 per share. The weighted average price per share was $75.80. 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.
- [F14]The reported transaction involves sale transactions from $76.33 to $76.81 per share. The weighted average price per share was $76.46. 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.
- [F15]Keeney Family Revocable Trust is a revocable living trust for which the reporting person and his spouse are trustees.
- [F2]The reported transaction involves sale transactions from $68.48 to $68.48 per share. The weighted average price per share was $68.48. 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]This reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025.
- [F5]The reported transaction involves sale transactions from $68.31 to $69.29 per share. The weighted average price per share was $68.81. 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.
- [F6]The reported transaction involves sale transactions from $69.31 to $70.31 per share. The weighted average price per share was $69.98. 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.
- [F7]The reported transaction involves sale transactions from $70.31 to $71.30 per share. The weighted average price per share was $70.77. 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.
- [F8]The reported transaction involves sale transactions from $71.31 to $71.58 per share. The weighted average price per share was $71.36. 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.
- [F9]The reported transaction involves sale transactions from $71.18 to $72.00 per share. The weighted average price per share was $71.47. 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.
Signature
/s/ Julie Dimmick, as attorney-in-fact|2026-05-21