LASR CEO Keeney sells 24,990 shares (25.0K) for $1.9M under pre-arranged 10b5-1 plan; stock down -24.3% from 52-week high
Scott H Keeney, President and CEO, executed 7 separate sales totaling 24,990 shares for $1,894,454.53 on June 3–4, 2026, reducing his holdings from 2.21M to 2.19M shares. This filing is governed by a pre-arranged 10b5-1 trading plan adopted on 2025-06-12, meaning the sales were scheduled and not discretionary. The current stock price of $65.85 represents a -24.3% decline from the 52-week high of $86.95, and the blended average transaction price of $75.81 sits between this peak and current levels. LASR is a fundamentally growing company (annual revenue +31.6%, latest quarterly revenue $80.2M) but unprofitable on a full-year basis, with market cap of $3.7B. Because the 10b5-1 plan removes timing discretion, no forward-looking conviction or concern can be inferred from the execution date itself.