nLIGHT CEO Sells Over 360,000 Shares for $16.5 Million Amid Post-Earnings Stock Decline
Scott Keeney, the Chief Executive Officer of nLIGHT (LASR), sold approximately 363,500 shares in late August 2026 as part of a pre-established Rule 10b5-1 trading plan. The transaction generated $16.5 million at an average price of $45.51 per share and reduced his total beneficial ownership to around 2.2 million shares, representing a 4% stake in the company. The stock had gained 57% over the past twelve months but declined after nLIGHT reported second-quarter earnings on August 6, citing supply chain issues that negatively impacted third-quarter revenue guidance by about $17 million. Despite this recent dip, Q2 results showed a strong year-over-year increase in revenue to $82.6 million. The CEO's sale is considered non-discretionary and aligns with common executive practices for managing stock options. His continued significant equity stake suggests ongoing alignment with shareholder interests.
Tickers: $LASR
Topics: CEO activity Rule 10b5-1 plan stock sale