NLIGHT (LASR) CEO Scott Keeney Sells Shares After Exercising Options

What Happened
Scott H. Keeney, President, CEO and a director of NLIGHT, exercised a total of 363,500 option-derived shares (transaction code M) at $1.45 per share (total exercise cost ~$527,076) and sold those same 363,500 shares (transaction code S) in open-market transactions on Aug 21 and Aug 24, 2026 for aggregate gross proceeds of about $16,544,247. The exercises and sales were reported on a Form 4 filed Aug 25, 2026.

Key Details

• Transaction dates: exercises and matched sales on Aug 21, 2026 and Aug 24, 2026; Form 4 filed Aug 25, 2026 (timely filing).
• Exercise detail: 363,500 shares exercised total at $1.45 per share (99,706 + 82,044 on 8/21; 181,750 on 8/24).
• Sales detail (grouped weighted averages / ranges per filing): total 363,500 shares sold for ~ $16.54M across prices roughly $43.54–$49.16 (weighted averages shown in filing: $46.29, $47.15, $47.92, $48.97, $44.03, $44.79, $45.92 for the different trade blocks).
• Proceeds vs. cost: gross sale proceeds ≈ $16.54M; exercise cash paid ≈ $527k (does not account for commissions, taxes or withholding).
• Plan/vesting notes: at least some sales were effected pursuant to a pre-arranged Rule 10b5-1 trading plan adopted May 22, 2026 (footnote). The underlying grants were already fully vested (footnotes indicate vesting completed Dec 1, 2021 and June 1, 2022).
• Shares owned after the transactions: not specified in the materials provided here (see the full Form 4 for current holdings).
• Transaction codes: M = exercise/conversion of derivative; S = open-market sale.

Context
This was effectively a cashless exercise followed by immediate sales (exercised options then sold the resulting shares). Such transactions are common for executives monetizing vested option awards; factual details—dates, shares, exercise price and gross proceeds—are provided above. The filing appears timely; motivations are not stated in the Form 4.