[Form 4] NLIGHT, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Locke Gary reported acquisition or exercise transactions in this Form 4 filing.
NLIGHT, INC. director Gary Locke received a grant of 2,429 restricted stock units as annual equity compensation for board service. The grant value is based on the annual RSU compensation divided by the company’s closing stock price on the grant date. These restricted stock units will vest on the earlier of June 5, 2027, or the day before the 2027 annual meeting, as long as he continues serving as a non-employee director. After this award, Locke directly holds 115,003 shares of common stock, including unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Locke Gary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 115,003 shares (Direct, null)
Footnotes (1)
- The number of restricted stock units issued represents the quotient of (A) annual RSU compensation for service on the Issuer's board of directors divided by (B) the Issuer's closing stock price on the grant date, rounded down to the nearest whole share. All restricted stock units will vest on the earlier of June 5, 2027, or the day prior to the date of the 2027 annual meeting, subject to the non-employee director continuing to be a service provider through the applicable vesting date. Includes common stock owned and unvested restricted stock units.
Key Figures
RSU grant size: 2,429 shares
Grant price per share: $0.00 per share
Holdings after transaction: 115,003 shares
+1 more
4 metrics
RSU grant size
2,429 shares
Annual restricted stock unit compensation for board service
Grant price per share
$0.00 per share
Equity compensation grant, not an open-market purchase
Holdings after transaction
115,003 shares
Common stock directly owned, including unvested RSUs, after grant
Vesting date
June 5, 2027
All restricted stock units vest on or before this date
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
"The number of restricted stock units issued represents the quotient of (A) annual RSU compensation for service..."
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"