The CEO's large open-market sale without a 10b5-1 plan is a bearish signal. Monitor for any subsequent Form 4 filings or a material event (e.g., earnings pre-announcement, guidance revision) that may have prompted the sale.
Price Chart
Executive Summary
Two insiders at NLIGHT, Inc., including the CEO, sold a combined $4.27M in shares over a one-week window. The CEO's $4.1M open-market sale is the dominant event, representing a material insider disposition relative to the company's market cap.
Key Financial Metrics
Key Facts
- CEO Scott Keeney sold 100,000 shares at $41.01 for $4.1M on 2026-09-09.
- Director Geoffrey Moore sold 4,500 shares at $38.45 for $171K on 2026-09-15.
- Total insider selling: $4.27M over 8 days.
- No 10b5-1 plan indicated for either sale.
- The CEO's sale alone represents approximately 1.3% of the company's market cap.
Financial Impact
CEO sale of $4.1M represents ~1.3% of market cap; total cluster is ~1.4%.
Risk Factors
- CEO selling may signal lack of confidence in near-term prospects.
- No disclosed 10b5-1 plan increases the likelihood of opportunistic selling.
- Director sale adds to the negative signal, though smaller in magnitude.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LASR-1789680102028 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $36.10 | awaiting T+20 | — | $36.71 (+1.69%) |
Sep 17, 2026 5w ago | Insider Cluster | $39.84 $33.67 | ▲ +15.49% | ▲ +15.69% | $36.71 (+7.86%) |
Sep 10, 2026 6w ago | Insider Cluster | $40.37 $38.48 | ▲ +4.68% | ▲ +6.55% | $36.71 (+9.07%) |
Sep 8, 2026 6w ago | Insider Cluster | $40.99 $39.88 | ▲ +2.71% | ▲ +4.91% | $36.71 (+10.44%) |
Sep 1, 2026 7w ago | Insider Cluster | $39.39 $38.95 | ▼ −1.13% | ▼ −1.05% | $36.71 (−6.80%) |
Jun 5, 2026 20w ago | Insider Cluster | $66.77 $65.30 | ▼ −2.20% | ▼ −3.83% | $36.71 (−45.02%) |
Jun 5, 2026 20w ago | Insider Cluster | $66.77 $65.30 | ▼ −2.20% | ▼ −3.83% | $36.71 (−45.02%) |
May 21, 2026 22w ago | Insider Cluster | $78.55 $62.75 | ▼ −20.11% | ▼ −18.69% | $36.71 (−53.26%) |
May 19, 2026 22w ago | Insider Cluster | $71.30 $64.73 | ▼ −9.21% | ▼ −9.96% | $36.71 (−48.51%) |
Apr 24, 2026 26w ago | DEFA14A | $75.79 $76.43 | ▲ +0.84% | ▼ −3.18% | $36.71 (−51.56%) |
US Market Status
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