NLIGHT, INC. (LASR) awards 2,429 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartman Mark D reported acquisition or exercise transactions in this Form 4 filing.
NLIGHT, INC. director Mark D. Hartman received a grant of 2,429 shares of common stock in the form of restricted stock units as board compensation. The grant was made at no cash purchase price to him.
All of these restricted stock units will vest on the earlier of June 5, 2027, or the day before the company’s 2027 annual meeting, as long as he continues serving as a non-employee director. After this award, he directly holds 9,022 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hartman Mark D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,022 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,429 shares
Price per share: $0.0000 per share
Post-transaction holdings: 9,022 shares
+1 more
4 metrics
RSUs granted
2,429 shares
Restricted stock units granted to director as annual board compensation
Price per share
$0.0000 per share
Reported grant price for the restricted stock unit award
Post-transaction holdings
9,022 shares
Total common stock held directly after the award
Vesting date
June 5, 2027
RSUs vest on this date or the day prior to 2027 annual meeting
Key Terms
restricted stock units, annual RSU compensation, vesting, non-employee director
4 terms
restricted stock units financial
"The number of restricted stock units issued represents the quotient of (A) annual RSU compensation"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual RSU compensation financial
"represents the quotient of (A) annual RSU compensation for service on the Issuer's board of directors"
vesting financial
"All restricted stock units will vest on the earlier of June 5, 2027, or the day prior"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
non-employee director financial
"subject to the non-employee director continuing to be a service provider through the applicable vesting date"
FAQ
What did NLIGHT (LASR) director Mark D. Hartman report in this Form 4?
Mark D. Hartman reported receiving 2,429 shares of NLIGHT common stock as restricted stock units. These were granted as annual compensation for his service on the board of directors, rather than being purchased in the open market.
How many restricted stock units did the NLIGHT (LASR) director receive?
He received 2,429 restricted stock units tied to NLIGHT common stock. The number comes from dividing his annual RSU board compensation by NLIGHT’s closing stock price on the grant date, then rounding down to the nearest whole share as described in the filing.
What are the vesting terms of the NLIGHT (LASR) restricted stock units?
All of the restricted stock units vest on the earlier of June 5, 2027, or the day before NLIGHT’s 2027 annual meeting. Vesting is conditioned on the non-employee director continuing to be a service provider through the applicable vesting date.