Accepted (ET)
5:58 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
6.6 KB
Summary
NLIGHT (LASR) CEO Scott H. Keeney Sells 9,753 Shares
What Happened
Scott H. Keeney, President, CEO and a director of NLIGHT, sold 9,753 shares of NLIGHT common stock on September 3, 2026, at $40.69 per share for a total proceeds of $396,850. The reported sale was a disposition (code S) and was executed as a "sell-to-cover" to satisfy tax withholding obligations tied to the vesting/settlement of restricted stock units (RSUs), per the filing.
Key Details
- Transaction date: 2026-09-03; price: $40.69 per share; total proceeds reported: $396,850. (F2: price range $40.69–$40.69; weighted average $40.69.)
- Purpose: Sale mandated to cover tax withholding on RSU vesting — not a discretionary cash-raising trade by the insider. (F1)
- Holdings after transaction: Filing indicates holdings include common stock and unvested RSUs (F3); the exact post-transaction share count is not provided in the summary data here.
- Related entity: Keeney Family Revocable Trust is named in the filing; the reporting person and spouse are trustees. (F4)
- Filing date: 2026-09-08 for a 2026-09-03 trade — this was filed after the typical 2-business-day Form 4 window (due by 2026-09-07), so the filing appears late by one business day.
Context
Sell-to-cover transactions to satisfy tax withholding on RSU vesting are common and routine and do not necessarily indicate a change in the insider’s view of the company. This was a sale to cover taxes (footnote F1), not an open-market discretionary divestiture intended as a signal of sentiment.