Director at nLIGHT (LASR) granted 2,429 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOORE GEOFFREY reported acquisition or exercise transactions in this Form 4 filing.
NLIGHT, INC. director Geoffrey Moore received an equity award of 2,429 restricted stock units (RSUs) of Common Stock as board compensation. The award was calculated by dividing his annual RSU compensation for board service by the company’s closing stock price on the June 5, 2026 grant date, rounded down to the nearest whole share.
All of these RSUs 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 through that date. After this grant, Moore holds a total of 90,169 shares of common stock, including both owned shares and unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE GEOFFREY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,169 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
RSUs granted: 2,429 restricted stock units
Grant price per share: $0.0000 per share
Shares owned after grant: 90,169 shares
+1 more
4 metrics
RSUs granted
2,429 restricted stock units
Common Stock award on June 5, 2026
Grant price per share
$0.0000 per share
Equity compensation, no cash paid by director
Shares owned after grant
90,169 shares
Includes common stock and unvested RSUs after transaction
RSU vesting date
June 5, 2027
Or the day prior to the 2027 annual meeting, whichever is earlier
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"
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"
vesting financial
"All restricted stock units will vest on the earlier of June 5, 2027"
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"
FAQ
What did nLIGHT (LASR) director Geoffrey Moore report in this Form 4?
Geoffrey Moore reported an award of 2,429 restricted stock units of nLIGHT common stock as annual compensation for serving on the board. These RSUs were granted at no cash cost based on the company’s closing share price on the June 5, 2026 grant date.
When will Geoffrey Moore’s new nLIGHT (LASR) RSUs vest?
The 2,429 restricted stock units will vest on the earlier of June 5, 2027, or the day before nLIGHT’s 2027 annual shareholder meeting. Vesting requires that Moore continue serving as a non-employee director through the applicable vesting date specified in the award terms.
How was the number of 2,429 RSUs for nLIGHT (LASR) director Geoffrey Moore determined?
The 2,429 RSUs equal his annual RSU compensation amount divided by nLIGHT’s closing stock price on the June 5, 2026 grant date, rounded down. This formula-based approach ties board equity awards to the company’s market price at the time of grant.
Does Geoffrey Moore pay anything for the 2,429 nLIGHT (LASR) RSUs he received?
No cash payment is required from Geoffrey Moore for these 2,429 restricted stock units, as indicated by the zero transaction price per share. The RSUs are a component of his annual equity compensation for serving on nLIGHT’s board of directors.