The sale represents 23.88% of the CFO’s direct holdings, leaving 177,572 shares amid a 442% stock surge over the past year.
nLIGHT Chief Financial Officer Joseph John Corso sold 55,719 shares for approximately $3.88 million in open-market transactions, according to an SEC filing. The sale was executed at a weighted average price of $69.70 per share.
The transaction exceeds Corso’s average sell-only event size of 27,216 shares but aligns with a trend of larger sales as his direct holdings have declined. Prior to the sale, the shares represented 23.88% of his direct holdings, which now stand at 177,572 shares.
nLIGHT’s stock traded at $71.09 at market open and $71.30 at close on May 20, 2026, reflecting a 442.10% gain over the past twelve months. The sale occurs amid elevated valuations and reduced insider capacity.