4Filed Sep 14, 8:00 PM ET
Lumentum (LITE) President Wupen Yuen Sells 1,500 Shares
$LITE · Lumentum Holdings Inc.Research Summary
AI-generated summary of this SEC filing
Lumentum (LITE) President Wupen Yuen Sells 1,500 Shares
What Happened Wupen Yuen, President, Global Business Units at Lumentum Holdings Inc. (LITE), sold a total of 1,500 shares in three open-market transactions. The sales were: 500 shares on 2026-09-11 at $944.41 ($472,205); 500 shares on 2026-09-14 at $862.14 ($431,070); and 500 shares on 2026-09-15 at $841.51 ($420,755). Total proceeds across the three trades were $1,324,030. These were sales (not purchases), and therefore are often routine liquidity events rather than bullish signals.
Key Details
- Transaction dates and prices:
- 2026-09-11: 500 sh @ $944.41 — $472,205
- 2026-09-14: 500 sh @ $862.14 — $431,070
- 2026-09-15: 500 sh @ $841.51 — $420,755
- Total: 1,500 shares sold for $1,324,030
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2026.
- Timeliness: Form 4 was filed 2026-09-15 for trades dated 2026-09-11 through 2026-09-15; this filing appears to be within the normal two-business-day reporting window.
Context
- A 10b5-1 plan lets insiders pre-schedule trades; sales under such plans are commonly planned for diversification or cash needs and do not necessarily reflect a change in outlook.
- For retail investors, purchases generally carry more weight as signals; routine, pre-planned insider sales are less informative about company prospects.
- No options exercise, gift, or tax-withholding details were reported in the provided summary.