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StonvexStonvexStonvexnLIGHT's CFO Joseph Corso sold 55,719 shares worth $3.88 million on May 19-20, 2026, representing 23.88% of his direct holdings. The sale was part of a pre-arranged Rule 10b5-1 trading plan adopted in September 2025 to meet tax withholding obligations, not due to insider concerns about the company. This transaction comes during an impressive 442% year-over-year stock surge driven by record defense product revenue and strong Q1 2026 results.
nLIGHT's CFO Joseph Corso sold 55,719 shares worth approximately $3.88 million on May 19-20, 2026, representing 23.88% of his direct holdings. The sale was driven by tax withholding obligations and a pre-arranged Rule 10b5-1 trading plan adopted in September 2025, not insider concerns. The transaction occurred amid the stock's 442% year-over-year surge, driven by record defense product revenue that nearly doubled and strong Q1 2026 results.
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