4/A: NLIGHT CEO Exercises Options, Sells Shares via 10b5-1 Plan

NLIGHT's President and CEO, Scott H. Keeney, reported exercising stock options and selling an equivalent number of common shares through a pre-arranged trading plan.

Summary

• Scott H. Keeney, President and CEO of NLIGHT, INC. (LASR), reported transactions involving the company's common stock.
• On January 6, 2026, Mr. Keeney acquired 31,748 shares of common stock by exercising stock options at a price of $1.1 per share.
• Concurrently, on January 6, 2026, Mr. Keeney sold a total of 31,748 shares of common stock in multiple transactions.
• The sales were executed at weighted average prices of $36.74 (10,902 shares), $37.84 (18,028 shares), and $38.33 (2,818 shares).
• All reported sales were conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Keeney on June 12, 2025.
• Following these transactions, Mr. Keeney directly beneficially owns 2,285,020 shares of common stock and indirectly owns 4,474 shares through the Keeney Family Revocable Trust.
• This Form 4/A amends a previously filed Form 4 to include indirect holdings, correct exercise prices, group sale transactions by price range, and update vesting dates.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can sometimes be viewed negatively, the fact that these transactions were conducted under a pre-arranged 10b5-1 trading plan mitigates any negative implications, as they are not discretionary sales based on new information. The exercise of options also indicates the stock's value above the strike price.

Positives

• The exercise of stock options indicates that the company's stock price was significantly above the option's exercise price of $1.1, reflecting value for the option holder.
• The transactions were conducted under a Rule 10b5-1 trading plan, which demonstrates pre-planning and reduces the implication of discretionary selling based on new, non-public information.

Negatives

• The sale of shares by a high-ranking insider, even if pre-planned, can sometimes be perceived negatively by the market, as it reduces the insider's direct equity stake.

Related Party Transactions

• The filing discloses indirect beneficial ownership of 4,474 shares through the Keeney Family Revocable Trust, for which the reporting person and his spouse are trustees.

Stakeholder Impact

• Shareholders: The transactions represent a routine monetization of vested equity by a key executive, which is common practice and generally has minimal direct impact on other shareholders beyond the disclosure of insider activity.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

NLIGHT, LASR, Scott H. Keeney, Insider Trading, Form 4/A, Stock Options, Share Sale, 10b5-1 Plan, Beneficial Ownership