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

What Happened Wupen Yuen, President, Global Business Units at Lumentum (LITE), sold a total of 1,500 shares in three open‑market transactions between September 21–23, 2026, receiving about $1,420,690 in aggregate. Each trade was a disposition (sale), not a purchase, and thus is generally considered routine insider selling rather than a bullish purchase signal.

Key Details

• Transaction dates and prices:
  • 2026-09-21: Sold 500 shares at $959.27 each — $479,635
  • 2026-09-22: Sold 500 shares at $935.55 each — $467,775
  • 2026-09-23: Sold 500 shares at $946.56 each — $473,280
• Total sold: 1,500 shares for approximately $1,420,690.
• Footnote: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted May 19, 2026.
• Filing: Form 4 was filed on 2026-09-23 covering trades through 2026-09-23 — appears to be filed timely.
• Shares owned after transaction: Not provided in the information supplied.

Context These were open‑market disposals executed under a prearranged 10b5‑1 plan, which allows insiders to sell shares on a predetermined schedule and is commonly used to avoid allegations of trading on material nonpublic information. Sales do not, by themselves, indicate management’s view of the company’s prospects.