Nias James 4
Research Summary
AI-generated summary
NLIGHT (LASR) Chief Accounting Officer Nias James Sells 2,033 Shares
What Happened Nias James, NLIGHT’s Chief Accounting Officer, reported two open-market sales totaling 2,033 shares. On 2026-05-19 he sold 1,618 shares at $68.48 for $110,801, and on 2026-05-20 he sold 415 shares at $71.09 for $29,502 — aggregate proceeds ≈ $140,303. These were sales (not purchases) and include transactions tied to tax withholding and a preset trading plan.
Key Details
- Transaction dates and prices:
- 2026-05-19: 1,618 shares @ $68.48 = $110,801
- 2026-05-20: 415 shares @ $71.09 = $29,502
- Total: 2,033 shares, ≈ $140,303
- Filing: Form 4 filed 2026-05-21 covering the 5/19–5/20 trades; filing appears timely.
- Footnotes of note:
- F1: One sale (sell-to-cover) was to satisfy tax withholding on vested restricted stock units — a mandated, non-discretionary transaction.
- F4: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted 2025-12-08.
- F2/F5: Weighted-average prices for the respective transactions are $68.48 and $71.09.
- F3: Reported holdings include common stock and unvested restricted stock units; the Form 4 summary provided here does not list an exact post-sale share total.
- Transaction code: S = Sale.
Context Sell-to-cover transactions (to satisfy tax withholding on RSU vesting) and trades under a pre-established 10b5-1 plan are routine for insiders and do not necessarily reflect a change in their view of the company. This filing documents insider selling rather than a purchase signal; retail investors should consider it alongside other insider activity and company fundamentals.