Accepted (ET)
5:59 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
7.7 KB
Summary
NLIGHT (LASR) CFO Joseph Corso Sells Shares
What Happened
- Joseph J. Corso, CFO of NLIGHT, sold a total of 7,715 shares in two open-market transactions: 4,191 shares on 2026-09-03 at $40.69 per share for $170,532, and 3,524 shares on 2026-09-04 at $41.49 per share for $146,211. Combined proceeds were about $316,743.
- Both transactions are sales (not purchases) and therefore do not signal a new ownership increase.
Key Details
- Transaction dates and prices:
- 2026-09-03: 4,191 shares @ $40.69 — $170,532 (footnote F1/F2)
- 2026-09-04: 3,524 shares @ $41.49 — $146,211 (footnote F4/F5)
- Total shares sold: 7,715; total proceeds: ~$316,743.
- Shares owned after transaction: Not specified in the Form 4; footnote F3 notes reported holdings include common stock and unvested restricted stock units.
- Notable footnotes:
- F1: The 9/3 sale was a "sell-to-cover" to satisfy tax withholding related to RSU vesting (not a discretionary sale).
- F4: The 9/4 sale was effected under a Rule 10b5-1 trading plan adopted 2025-09-15 (preplanned sale).
- F2/F5: Prices reported are flat for each transaction date; issuer offers to provide per-price breakdown on request.
- Filing: Report filed 2026-09-08 and appears timely relative to the reported trade dates.
Context
- These sales include a mandatory sell-to-cover for taxes and a trade under an existing 10b5-1 plan, both common reasons insiders sell shares and not necessarily indicative of a change in company outlook.
- For retail investors, purchase transactions generally carry more weight as bullish signals; routine tax-related and plan-based sales are often administrative.