[Form 4] NLIGHT, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nLIGHT, Inc. Chief Financial Officer Joseph John Corso reported selling 55,719 shares of common stock on May 19–20, 2026 in open-market transactions at prices ranging from $68.48 to $71.36 per share.
According to the disclosure, these sales were made to cover tax withholding obligations related to vesting and settlement of restricted stock units under a mandatory "sell to cover" arrangement and were executed pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2025. Following the reported transactions, Corso continued to hold 177,572 shares of common stock directly, which includes unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 55,719 shares ($3,883,827)
Net Sell
5 txns
Insider
Corso Joseph John
Role
Chief Financial Officer
Sold
55,719 shs ($3.88M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,903 | $68.81 | $131K |
| Sale | Common Stock | 12,946 | $69.98 | $906K |
| Sale | Common Stock | 19,090 | $70.77 | $1.35M |
| Sale | Common Stock | 1,537 | $71.36 | $110K |
| Sale | Common Stock | 20,243 | $68.48 | $1.39M |
Holdings After Transaction:
Common Stock — 211,145 shares (Direct, null)
Footnotes (1)
- This reported sale represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The reported transaction involves sale transactions from $68.48 to $68.48 per share. The weighted average price per share was $68.48. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. Includes common stock owned and unvested restricted stock units. These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025. The reported transaction involves sale transactions from $68.31 to $69.29 per share. The weighted average price per share was $68.81. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. The reported transaction involves sale transactions from $69.31 to $70.31 per share. The weighted average price per share was $69.98. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. The reported transaction involves sale transactions from $70.31 to $71.30 per share. The weighted average price per share was $70.77. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. The reported transaction involves sale transactions from $71.31 to $71.58 per share. The weighted average price per share was $71.36. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 55,719 shares
Sale price range: $68.48–$71.36 per share
Post-transaction holdings: 177,572 shares
+5 more
8 metrics
Shares sold
55,719 shares
Total common shares sold May 19–20, 2026
Sale price range
$68.48–$71.36 per share
Reported open-market sale prices
Post-transaction holdings
177,572 shares
Common stock directly held after reported sales
Weighted average price band 1
$68.48 per share
Weighted average for transactions from $68.48 to $68.48
Weighted average price band 2
$68.81 per share
Weighted average for transactions from $68.31 to $69.29
Weighted average price band 3
$69.98 per share
Weighted average for transactions from $69.31 to $70.31
Weighted average price band 4
$70.77 per share
Weighted average for transactions from $70.31 to $71.30
RSU-related tax sale
1 transaction group
Sales designated to cover RSU tax withholding
Key Terms
Rule 10b5-1 trading plan, restricted stock units, sell to cover, tax withholding obligations, +2 more
6 terms
Rule 10b5-1 trading plan financial
"These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"This reported sale represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units."
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.
sell to cover financial
"The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction."
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units."
unvested restricted stock units financial
"Includes common stock owned and unvested restricted stock units."
FAQ
What insider transaction did nLIGHT (LASR) report for its CFO?
nLIGHT’s CFO, Joseph John Corso, reported selling 55,719 shares of common stock on May 19–20, 2026. The open-market sales were primarily to cover tax withholding obligations tied to restricted stock unit vesting under a mandatory sell-to-cover arrangement.
Were the nLIGHT (LASR) CFO’s sales made under a Rule 10b5-1 plan?
Yes. A footnote explains the reported sales were executed under a Rule 10b5-1 trading plan adopted by the CFO on September 15, 2025. Such pre-arranged plans schedule trades in advance, reducing the role of short-term market timing judgments.
What role did restricted stock units play in the nLIGHT (LASR) CFO’s transaction?
The filing links the sales to vesting and settlement of restricted stock units granted to the CFO. Shares were sold to fund associated tax withholding obligations, and his post-transaction holdings still include both common stock and unvested restricted stock units.