NLIGHT Director William Gossman Sells 15,000 Shares

What Happened William Gossman, a director of NLIGHT, exercised options to acquire 15,000 shares at $1.10 per share (cost $16,500) and immediately sold those 15,000 shares in the open market at $44.36 per share for gross proceeds of about $665,400 on August 28, 2026. The exercise is reported as a derivative exercise (transaction code M) and the subsequent sale is transaction code S.

Key Details

• Transaction date: August 28, 2026.
• Exercise: 15,000 shares at $1.10 each — total cost $16,500.
• Sale: 15,000 shares at a weighted average $44.36 — total proceeds ≈ $665,400 (prices reported from $44.36 to $44.36).
• Reported under a Rule 10b5-1 trading plan adopted May 29, 2026 (footnote F2).
• Grant that was exercised was fully vested and exercisable as of Sept 13, 2021 (footnote F4).
• Filing date: September 1, 2026 — appears to be filed within the Form 4 two-business-day window (timely).
• Shares owned after the transaction: not specified in the provided excerpt; footnote F1 notes holdings include common stock and unvested RSUs.

Context This was an exercise of previously vested option(s) followed by an immediate open-market sale (a common cashless exercise pattern). The sale was executed pursuant to a pre-set 10b5-1 plan, which typically schedules trades in advance; that fact is disclosed in the filing. The filing is factual and does not indicate insider motive.