HAINES GERALD M II 4
Research Summary
AI-generated summary
NLIGHT (LASR) Director Gerald M. Haines II Receives RSU Award
What Happened
- Gerald M. Haines II, a director of NLIGHT, Inc. (LASR), was granted 2,429 restricted stock units (RSUs) on June 5, 2026. The award is reported at $0.00 per share (grant value shown as $0) and represents compensation for board service rather than a cash purchase or sale. The RSUs vest on the earlier of June 5, 2027 or the day prior to the 2027 annual meeting, subject to continued service.
Key Details
- Transaction date: 2026-06-05. Form 4 filed: 2026-06-09 (timely within the required filing window).
- Transaction type/code: Award/Grant (A).
- Amount: 2,429 RSUs at $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the filing.
- Vesting: Earlier of June 5, 2027 or day before 2027 annual meeting; continued service required.
- Footnote: RSU count was calculated as the director’s annual RSU compensation divided by the issuer’s closing stock price on the grant date, rounded down to the nearest whole share.
Context
- RSU grants are typical director compensation and do not represent an open-market purchase or sale. These awards convert to shares only upon vesting (and may have tax consequences at that time). The filing indicates a routine, timely compensation grant rather than an insider market trade.