Lumentum (LITE) President Wupen Yuen Sells 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 between Sept 8–10, 2026, for aggregate proceeds of $1,417,985. The individual sales were: 500 shares at $895.99 on 2026-09-08 ($447,995); 500 shares at $978.54 on 2026-09-09 ($489,270); and 500 shares at $961.44 on 2026-09-10 ($480,720). These were sales (not purchases) and are typically routine dispositions.

Key Details

• Transaction dates & prices:
  • 2026-09-08: 500 shares sold at $895.99 — $447,995
  • 2026-09-09: 500 shares sold at $978.54 — $489,270
  • 2026-09-10: 500 shares sold at $961.44 — $480,720
• Total shares sold: 1,500; total proceeds: $1,417,985.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnote: These sales were made pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on May 19, 2026 (per footnote F1).
• Filing info: Form 4 filed 2026-09-10 reporting transactions dated 2026-09-08 through 2026-09-10; no late‑filing flag noted in the filing.

Context

• Sales under a Rule 10b5‑1 plan are pre‑arranged and scheduled trades, which are commonly used by insiders to sell shares without making ad hoc decisions; such transactions are often routine and do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases generally carry more weight as a positive signal, while planned sales primarily reflect liquidity or diversification actions.