Form 4: Director Gary Locke Receives nLIGHT Equity Grant
Director Equity Compensation Disclosure
Director Gary Locke acquired 2,429 restricted stock units as part of his annual board compensation.
Summary
- Director Gary Locke was granted 2,429 restricted stock units (RSUs) on June 5, 2026.
- The grant represents annual compensation for his service on the nLIGHT, Inc. board of directors.
- The shares were issued at a price of $0 per share as part of standard equity-based director compensation.
- Following this transaction, the director's total beneficial ownership is 115,003 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company operations or financial strategy.
Positives
- The transaction reflects standard alignment of director interests with shareholders through equity compensation.
Negatives
- None.
Risks
- Vesting of the RSUs is contingent upon the director continuing to serve as a service provider through the vesting date of June 5, 2027.
Future Outlook
The RSUs are scheduled to vest on June 5, 2027, or the day prior to the 2027 annual meeting, provided the director remains in service.
Industry Context
StockSavvy.ai notes that this is a routine disclosure of director compensation, which is standard practice for publicly traded technology and manufacturing firms to ensure board member retention and alignment.
Comparison to Industry Standards
- The issuance of RSUs as part of annual director compensation is consistent with standard corporate governance practices for U.S. listed companies.
- The vesting schedule of one year is typical for non-employee director equity grants.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard, pre-planned equity compensation event.
Next Steps
- Vesting of the granted RSUs on June 5, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/05/2026 | Date of the RSU grant transaction. |
| 06/09/2026 | Date the Form 4 was filed with the SEC. |
| 06/05/2027 | Vesting date for the restricted stock units. |
Keywords
nLIGHT, LASR, Form 4, Insider Trading, Director Compensation, Equity Grant
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