Luminar Technologies, Inc./DE·4

Mar 13, 6:30 PM ET

Schiano Dominick 4

Research Summary

AI-generated summary

Updated

Luminar (LAZRQ) Director Dominick Schiano Sells 266 Shares

What Happened
Dominick Schiano, a director of Luminar Technologies (LAZRQ), disposed of 266 shares in an open-market or private sale on March 10, 2026. The shares were sold at $0.06 each for total proceeds of $15. This was a sale (routine disposition), not a purchase.

Key Details

  • Transaction date: 2026-03-10; Type: Sale (code S) — open market or private sale
  • Price per share: $0.06; Total proceeds: $15
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Footnotes/plan details: None disclosed in the provided data (no 10b5-1, tax withholding, or award noted)
  • Filing date: 2026-03-13 — Form 4s are generally due within two business days; this filing appears to have been submitted one business day after that window.

Context
Small, low-value insider sales like this are common and often routine (e.g., to cover taxes or fees) and do not necessarily indicate a change in the insider’s view of the company. For retail investors, larger or repeated purchases by insiders tend to carry more informational weight than small, isolated sales.