HERSCHER PENNY 4

What Happened
Penny Herscher, a director of Lumentum Holdings Inc. (LITE), reported the sale of 4,849 shares on Feb 6, 2026. The shares were disposed for a total of $2,596,542, at a reported weighted-average price of $535.48 per share. The filing indicates the sale was executed in multiple trades (prices ranged from $525.74 to $535.81) and the shares are held by the Bret Anders Herscher and Penelope Ann Herscher 2001 Family Trust.

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10). Filing appears timely (filed within required 2 business days).
• Transaction type: Sale (open-market/private-sale style; executed in multiple trades).
• Shares sold: 4,849; Weighted-average sale price: $535.48; Proceeds: $2,596,542.
• Footnote highlights: F1 — multiple trades at $525.74–$535.81 (weighted avg shown); F2 — shares held by Herscher family trust.
• Shares owned after transaction: Not specified in the provided summary (not reported here).

Context
A director sale is a disposition and is often routine (e.g., trust rebalancing, diversification, or liquidity needs) and does not by itself indicate company performance. No 10b5-1 plan or other trading program was disclosed in the provided notes. Purchases generally carry more informational weight than sales, but this reported sale is useful for tracking insider activity and holdings held via a family trust.