Lumentum (LITE) President Wupen Yuen Sells 1,500 Shares

What Happened
Wupen Yuen, President, Global Business Units of Lumentum Holdings (LITE), sold a total of 1,500 shares in three open‑market transactions. The sales were: 500 shares on 2026-09-02 at $864.49 ($432,245); 500 shares on 2026-09-03 at $870.01 ($435,005); and 500 shares on 2026-09-04 at $860.00 ($430,000). Total proceeds from these sales were approximately $1,297,250. These were outright sales (not purchases or option exercises).

Key Details

• Transaction dates and prices:
  • 2026-09-02 — 500 sh @ $864.49 = $432,245
  • 2026-09-03 — 500 sh @ $870.01 = $435,005
  • 2026-09-04 — 500 sh @ $860.00 = $430,000
• Total shares sold: 1,500; total proceeds: ~$1,297,250.
• Shares owned after transaction: not specified in this filing.
• Footnote: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on May 19, 2026.
• Filing: Report filed 2026-09-04 for transactions beginning 2026-09-02; appears to be timely (filed within the standard two business‑day window).

Context
A Rule 10b5‑1 plan allows insiders to pre‑arrange trades at set times or prices and is a common mechanism for scheduled sales; trades under such plans are generally viewed as routine liquidity events and do not, by themselves, prove a change in the insider’s view of the company. For retail investors, purchases tend to be more informative about insider sentiment than routine sales.