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nLIGHT CEO Sells 31,748 Shares as Company Reveals Q4 Revenue Topped Guidance
Yahoo Finance· 2026-01-13 19:36
Core Insights - The transaction involving the sale of 31,748 shares by Scott Keeney, CEO of nLIGHT, was executed at a weighted average sale price of approximately $37.51 per share, which is 10.8% lower than the market closing price of $41.57 on the preceding Monday [1][5] - The sale was part of the exercise of stock options and was executed under a prearranged Rule 10b5-1 plan, indicating a structured liquidity event rather than a reaction to market conditions [8][10] Company Overview - nLIGHT is a technology company that specializes in high-performance lasers and photonics solutions, catering to both commercial and defense markets [6] - The company has a dual-segment business model that provides diversified exposure to industrial and defense end markets, leveraging advanced engineering capabilities [6] Transaction Details - The sale of 31,748 shares represented 1.37% of Keeney's total direct holdings, leaving him with 2,285,020 shares [4][8] - The total transaction value was approximately $1.19 million [5] Market Context - nLIGHT preannounced fourth-quarter 2025 revenue between $78 million and $80 million, exceeding prior guidance, driven by demand in Aerospace and Defense sectors [9] - Management highlighted improved program visibility for 2026, particularly in directed energy and sensing applications, indicating a positive outlook for the company [9]