Director Link Raymond A sold 25,404 shares in 3 transactions at blended avg $63.48; holds 77,172 post-sale while stock trades $62.60 (-7.5% from 52wk high).
Raymond Link, as a director of NLIGHT, executed three separate sales over March 11–13, 2026, totaling 25,404 shares for $1,612,651.52 at a blended average price of $63.48, reducing his holdings by 24.8% to 77,172 shares. The transactions occurred near the 52-week high ($67.69) but the stock has since declined 7.5% and currently trades at $62.60. NLIGHT remains unprofitable on a full-year basis with net income of $-6,874,000.00, though it reported strong annual revenue growth of +31.6%. The sale size and timing relative to the company's loss-making status and recent stock appreciation warrant investor attention to whether the director's divestiture reflects broader positioning or portfolio management around valuation.