Keeney Scott H 4

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.