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

What Happened Wupen Yuen, President, Global Business Units at Lumentum Holdings (LITE), sold a total of 1,500 shares in three open-market transactions between Sept 16 and Sept 18, 2026, for aggregate proceeds of $1,355,140. The individual sales were: 500 shares on 2026-09-16 at $856.83 ($428,415), 500 shares on 2026-09-17 at $933.45 ($466,725), and 500 shares on 2026-09-18 at $920.00 ($460,000). These were sales (not purchases) and were executed pursuant to a pre-established trading plan.

Key Details

• Transaction dates & prices:
  • 2026-09-16: 500 shares @ $856.83 = $428,415
  • 2026-09-17: 500 shares @ $933.45 = $466,725
  • 2026-09-18: 500 shares @ $920.00 = $460,000
• Total shares sold: 1,500; total proceeds: $1,355,140.
• Sale type: Open-market sale (Form 4 indicates sale code "S").
• Footnote: Sales were made under a Rule 10b5‑1 trading plan adopted May 19, 2026.
• Shares owned after transaction: Not specified in the information provided here — see the full Form 4 for post-transaction holdings.
• Filing: Form filed on 2026-09-18 covering transactions on 2026-09-16–09-18; filing appears to be within normal SEC timing for Form 4 reporting.

Context These were sales, not purchases — sales can be routine (e.g., diversification or liquidity needs). The fact the trades were made under a Rule 10b5‑1 plan (adopted May 19, 2026) indicates they followed a pre-set schedule, which typically reduces the weight of the trades as an immediate signal of insider views. For investors, purchases generally carry more informational weight than routine, plan-driven sales.