CEO Scott Keeney Sells $16.5M in nLIGHT Stock Under 10b5-1 Plan
LASR sits 59% above its 52-week low of $27.22.
Summary
nLIGHT CEO Scott Keeney sold $16.5 million in stock via a pre-arranged 10b5-1 plan, nearly double the amount previously noticed, adding to a pattern of insider distribution.
Key Events · Ownership and Investor Activity · LASR
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CEO Sells $16.5M in Stock
Scott Keeney, President and CEO, sold 363,500 shares for $16,544,247 at prices ranging $44.03 to $48.97 across 7 transactions on August 21 and 24, 2026.
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Option Exercise at $1.45 Strike
The sale was funded by exercising 363,500 vested options at $1.45 per share, generating a cost basis of $527,075 and a realized gain of approximately $16 million.
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10b5-1 Plan Execution
All sales were executed under a Rule 10b5-1 trading plan adopted May 22, 2026, removing discretion from the timing of individual transactions.
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Exceeds Prior Form 144 Notice
The $16.5 million in actual sales is approximately 85% higher than the $8.9 million previously disclosed in the Form 144 filed August 21, 2026.
Analysis · LASR · Manufacturing
President and CEO Scott Keeney exercised 363,500 options at $1.45 and immediately sold the resulting shares for $16.5 million at prices between $44.03 and $48.97. The sale was executed under a pre-arranged 10b5-1 plan adopted May 22, 2026, but the actual proceeds nearly doubled the $8.9 million previously noticed in his August 21 Form 144. While the plan removes discretion from the timing, the size of the liquidation — roughly 0.68% of the company's market value — is a meaningful distribution signal from the top executive, especially against a backdrop of recent insider selling totaling $8.8 million over the prior 90 days.
How filings like this one have moved
In the 30 days to Aug 25, 2026, 29.6% of the 2856 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.04%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LASR was trading at $43.40 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $27.22 to $86.95. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.