4Accepted Sep 10, 6:17 PM ET
NLIGHT (LASR) CEO Scott H. Keeney Sells 215,252 Shares (~$8.86M)
Accepted (ET)
6:17 PM
Sep 10, 2026
Filed
Sep 10, 2026
Documents
1
Size
11.9 KB
Summary
NLIGHT (LASR) CEO Scott H. Keeney Sells 215,252 Shares (~$8.86M)
What Happened
Scott H. Keeney, President, CEO and Director of NLIGHT, sold a total of 215,252 shares in open-market transactions on September 8–9, 2026, generating about $8.86 million in proceeds. The sales reported were: 46,521 shares (weighted avg $40.75) for $1,895,731; 67,651 shares (weighted avg $41.69) for $2,820,370; 1,080 shares (weighted avg $42.20) for $45,576; and 100,000 shares (weighted avg $41.01) for $4,101,000. These were dispositions (transaction code S).
Key Details
- Dates: September 8–9, 2026; Form 4 filed September 10, 2026 (timely — within the usual 2‑business‑day window).
- Lot details:
- 9/8: 46,521 shares, weighted avg $40.75 — $1,895,731 (footnote F1: effected under a Rule 10b5‑1 plan adopted May 22, 2026).
- 9/8: 67,651 shares, weighted avg $41.69 — $2,820,370 (price range and weighted avg noted in F4/F2).
- 9/8: 1,080 shares, weighted avg $42.20 — $45,576 (F5).
- 9/9: 100,000 shares, weighted avg $41.01 — $4,101,000 (F6).
- Footnotes clarify that some lots cover price ranges with provided weighted averages (F2, F4, F5, F6) and that one sale was under a 10b5‑1 plan (F1).
- Beneficial ownership disclosure note: holdings reported include common stock and unvested restricted stock units (F3); Keeney Family Revocable Trust is noted (F7).
- Shares owned after the transactions were not specified in the provided filing excerpt.
Context
These transactions are outright sales (not purchases or option exercises). Sales by executives can reflect portfolio management, pre‑planned trading under 10b5‑1 plans, or other non‑public motivations; they are not, by themselves, proof of a change in company outlook. Purchases are generally more informative as bullish signals; here, several trades were executed under a disclosed 10b5‑1 plan, which schedules trades in advance.