Keeney Scott H 4
4 · NLIGHT, INC. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
NLIGHT (LASR) CEO Scott Keeney Sells Shares to Cover Taxes
What Happened
Scott H. Keeney, President, CEO and a director of NLIGHT, sold a total of 24,990 shares in open-market transactions on June 3–4, 2026, generating approximately $1,894,453 in proceeds. Individual sales ranged from $71.67 to $77.99 per share across several trades (see Key Details). These transactions were sales (S), not purchases.
Key Details
- Dates and prices: trades occurred June 3–4, 2026, with reported price ranges roughly $71.15–$77.99 and weighted average prices for grouped trades from $71.67 up to $77.99. (Specific grouped weighted averages reported: $71.67, $72.59, $73.76, $74.94, $75.94, $76.61, $77.99.)
- Total sold: 24,990 shares for about $1.89 million in aggregate proceeds.
- Ownership after transaction: the filing references shares owned and unvested restricted stock units (footnote F3), but the exact post-transaction holding total was not provided in the summary data supplied here.
- Notable footnotes:
- F1: Many of the sales represent "sell to cover" transactions to satisfy tax withholding related to the vesting/settlement of restricted stock units — these are mandated and not discretionary.
- F4: At least one reported sale was effected under a Rule 10b5-1 trading plan adopted June 12, 2025 (preplanned sale).
- F11: Keeney Family Revocable Trust is referenced as a related trust where the reporting person is a trustee.
- Several footnotes (F2–F10) give price-range details and state the reporting person will provide per-price breakdowns on request.
- Timeliness: the filing is marked as late (transactionTimeliness = 'L').
Context
These sales include routine "sell-to-cover" transactions tied to RSU vesting and at least one preplanned 10b5-1 sale; such transactions are typically administrative (to satisfy tax obligations) rather than clear signals of sentiment. For retail investors, purchases by insiders are often more indicative of bullish conviction than routine withholding or preplanned sales.
Insider Transaction Report
Form 4
NLIGHT, INC.LASR
Keeney Scott H
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-06-03$77.99/sh−8,901$694,189→ 2,201,128 total - Sale
Common Stock
[F4][F5][F3]2026-06-04$71.67/sh−890$63,786→ 2,200,238 total - Sale
Common Stock
[F4][F6][F3]2026-06-04$72.59/sh−3,055$221,762→ 2,197,183 total - Sale
Common Stock
[F4][F7][F3]2026-06-04$73.76/sh−1,424$105,034→ 2,195,759 total - Sale
Common Stock
[F4][F8][F3]2026-06-04$74.94/sh−4,813$360,686→ 2,190,946 total - Sale
Common Stock
[F4][F9][F3]2026-06-04$75.94/sh−5,282$401,115→ 2,185,664 total - Sale
Common Stock
[F4][F10][F3]2026-06-04$76.61/sh−625$47,881→ 2,185,039 total
Holdings
- 501(indirect: By Trust)
Common Stock
[F11]
Footnotes (11)
- [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 $76.45 to $76.90 per share. The weighted average price per share was $76.61. 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]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 $77.99 to $77.99 per share. The weighted average price per share was $77.99. 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 $71.15 to $72.14 per share. The weighted verage price per share was $71.67. The Reporting Person undertakes to provide upon request by the SEC staff, he 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 $72.23 to $73.07 per share. The weighted average price per share was $72.59. 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 $73.35 to $74.28 per share. The weighted average price per share was $73.76. 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 $74.38 to $75.37 per share. The weighted average price per share was $74.94. 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 $75.42 to $76.41 per share. The weighted average price per share was $75.94. 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|2026-06-05