Insider Trends: Insider at nLIGHT Exercises Options in Mist of 90-Day Buying Trend
12:20 PM EST, 02/05/2021 (MT Newswires) -- Scott H Keeney, Director and President & CEO, exercised options for 200,000 shares in nLIGHT (LASR) for $150,000 on Feb 03, 2021. Following the Form 4 filing with the SEC, Keeney has 568,665 company shares, with a market value, based on the prior-day closing price, of $18.6 million. In addition the company has granted Keeney stock options of which 366,404 are currently in the money and have an approximate value of $11,691,953 as of yesterday's closing price.
Over the last 90 days, previous to the date of this filing, there have been 22 insider transactions reported to the SEC for nLIGHT. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 140,452 company shares. This compares with the preceding 90-day window of time where there were 14 transactions from 3 insiders which resulted in the net acquisition of 149,208 shares.
This is lower than the average level of insider transactions in the 82-company Semiconductors peer group over the last 90-day period. Within the peer group activity averaged 168.8 transactions per company, and disposition of 8,920 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1124796/000112479621000034/xslF345X03/wf-form4_161254549294458.xml
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