Form 4: Nlight Inc. Chief Accounting Officer James Nias Reports Stock Transaction
SEC Form 4 Filing
James Nias, Chief Accounting Officer of NLIGHT, INC., reports the withholding of shares to cover tax liability related to vesting restricted stock units.
Summary
- On March 1, 2024, James Nias, the Chief Accounting Officer of NLIGHT, INC. (LASR), had 1,931 shares of common stock withheld to cover tax liability.
- This transaction was related to the vesting of restricted stock units previously reported.
- The price per share for the transaction was $13.04.
- Following the transaction, Nias beneficially owns 47,489 shares of common stock, which includes owned common stock and unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investors to gauge management's perspective on the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction where shares were withheld to cover tax liability. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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