Form 4: Nlight Inc. Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
James Nias, Chief Accounting Officer of NLIGHT, INC., reports disposition of shares to cover tax liability related to vesting of restricted stock units.
Summary
- On August 19, 2024, James Nias, the Chief Accounting Officer of NLIGHT, INC. (LASR), reported a transaction involving the disposition of 265 shares of common stock.
- The shares were withheld to cover tax liabilities associated with the vesting of previously reported performance-based restricted stock units (PRSUs).
- The price per share was $11.72.
- Following the transaction, Nias directly owns 56,095 shares of NLIGHT, INC., including common stock and unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence and regulatory compliance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of stock transaction (disposition of shares). |
| 08/21/2024 | Date of signature on the Form 4 filing. |
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