CEO Scott Keeney sells 82.7K shares (99.4% of holdings) for $6.3M via scheduled 10b5-1 plan, leaving 501 shares
Scott H Keeney executed 11 separate sales totaling 82,744 shares for $6,288,648.15 over May 28–29, 2026, reducing his holdings from 83.2K shares to 501 shares. This represents a near-complete exit from his equity position, but the transaction is governed by a 10b5-1 trading plan adopted on 2025-06-12, meaning it was scheduled and not discretionary. While the stock now trades at $70.58 (down 18.8% from the 52-week high of $86.95), the blended average sale price of $76.00 sits above current levels. Fundamentals show the company generated $80.2M in quarterly revenue with annual growth of +31.6%, though it reported negative full-year net income; his cross-ticker track record shows sells have historically been followed by positive 90-day returns (+10.1% average), but his prior five same-ticker sales at LASR showed mixed results. The schedule-driven nature of this transaction precludes timing-based interpretation.