The director's $665K sale is the largest and most notable — it is not a routine tax-withholding or plan-driven sale. Watch for any upcoming earnings report (next 10-Q) for any signs of demand weakness or guidance revision — the insider selling may reflect caution ahead of that report.
Price Chart
Executive Summary
Two insiders at nLIGHT, Inc. (LASR) sold a combined $707K in shares over a one-week window. Director William Gossman sold $665K worth at $44.36, and Chief Accounting Officer James Nias sold $42K at $40.69. The sales are open-market (code S) with no 10b5-1 plan indicated, representing ~0.22% of the company's market cap — a modest but notable insider selling cluster.
Key Financial Metrics
Key Facts
- Director William Gossman sold 15,000 shares at $44.36 for $665K on 2026-08-28
- Chief Accounting Officer James Nias sold 1,000 shares at $40.69 for $42K on 2026-09-03
- Total insider sales: $707K, representing ~0.22% of market cap ($326M)
- No 10b5-1 plan indicated for either sale
- Sales occurred just after the stock's recent rally (up ~12% in prior month per market data)
Financial Impact
$707K in insider sales, ~0.22% of market cap
Risk Factors
- Insider selling could signal management's view that the stock is fully valued near $44
- No 10b5-1 plan means these are discretionary sales — they carry informational content per the literature
- Stock has declined ~20% in the past 20 days after a prior neutral report — recent volatility is high
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LASR-1788904644341 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers