Keeney Scott H 4

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.