Keeney Scott H, President and CEO of nLIGHT (LASR), has filed 84 Form 4 transactions, all in that single company. The pattern is one-sided: total sell value reached $65.4 million, with zero open-market purchases and zero acquired shares. Every recent trade is a sale, and the selling has accelerated. Between June 3 and September 9, 2026, he filed 19 sell transactions. The largest single sale came on August 24, 2026, at $6.8 million, followed by $5.3 million on August 21 and $4.1 million on September 9.
The sales cluster around option exercises, which are coded M and carry no cash value. On August 21, 2026, he exercised options worth $118,963.80 and $144,573.70, then sold shares for $2.9 million and $5.3 million the same day. On August 24, he exercised options worth $263,537.50 and sold $6.8 million. These are mechanical patterns: exercise, then sell to cover the strike price and capture the spread. The June 4, 2026 sales were smaller, ranging from $47,881.25 to $401,115.08, with a combined $1.2 million across six transactions. A June 3 sale added $694,188.99.
No purchases appear anywhere in the record. The only non-sale transactions are option exercises, a gift on May 29, 2026, and tax withholding events. The direction is consistent: Keeney has been a steady seller of LASR stock throughout 2026, with the heaviest volume in late August and early September. The total sell value of $65.4 million across 84 filings puts the bias firmly on the sell side, and the recent data shows no change in that trajectory.
AI-assisted summary