Form 4: Nlight CEO Scott Keeney Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Scott Keeney disposed of shares to cover tax liabilities related to vesting restricted stock awards and units.
Summary
- On June 3, 2024, Scott H Keeney, the President and CEO of NLIGHT, INC., disposed of 28,838 shares of common stock to cover tax liabilities.
- The disposition was executed at a price of $12.65 per share.
- Following the transaction, Keeney directly owns 1,362,548 shares of NLIGHT, INC.
- These shares include common stock, unvested restricted stock awards, and units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a standard transaction for tax purposes and doesn't inherently indicate positive or negative performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: disposal of shares to cover tax liability. |
| 06/05/2024 | Date of signature by attorney-in-fact. |
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