Board member at nLIGHT (LASR) awarded 2,429 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAINES GERALD M II reported acquisition or exercise transactions in this Form 4 filing.
NLIGHT, INC. director Gerald M. Haines II received a grant of 2,429 restricted stock units as part of his annual equity compensation for serving on the board. The award was recorded at $0.00 per share and brought his directly held common stock-equivalent position to 5,579 shares.
All of these restricted stock units will vest on the earlier of June 5, 2027, or the day before the 2027 annual meeting, provided he continues to serve as a non-employee director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAINES GERALD M II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,579 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 2,429 shares
Grant price per share: $0.00 per share
Total shares after transaction: 5,579 shares
+2 more
5 metrics
Restricted stock units granted
2,429 shares
Equity grant on June 5, 2026 for board service
Grant price per share
$0.00 per share
Recorded value for the RSU award
Total shares after transaction
5,579 shares
Direct common stock-equivalent holdings following the grant
Vesting date
June 5, 2027
RSUs vest on this date or the day before 2027 annual meeting
Ownership type
Direct ownership
Reported as directly held by the director
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"
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 insider transaction did NLIGHT (LASR) report for Gerald M. Haines II?
NLIGHT reported that director Gerald M. Haines II received 2,429 restricted stock units as an equity grant. The award reflects his annual RSU compensation for serving on the company’s board of directors and was recorded at $0.00 per share.
When do the new restricted stock units for NLIGHT (LASR) director Haines vest?
The 2,429 restricted stock units granted to director Haines vest on the earlier of June 5, 2027, or the day before NLIGHT’s 2027 annual meeting. Vesting is conditioned on his continuing to serve as a non-employee director through the vesting date.
How was the number of restricted stock units for NLIGHT (LASR) director Haines determined?
The company calculated the 2,429 restricted stock units by dividing his annual RSU compensation for board service by NLIGHT’s closing stock price on the grant date. The resulting figure was then rounded down to the nearest whole share.
Is the NLIGHT (LASR) grant to director Haines a cash transaction?
No, the transaction is an equity grant, not a cash purchase. The restricted stock units were issued at $0.00 per share as part of his annual compensation for serving on NLIGHT’s board of directors.