Ali Wajid 4

What Happened
Ali Wajid, Chief Financial Officer of Lumentum Holdings, sold a total of 5,302 shares of Lumentum common stock in open-market transactions on February 27, 2026. The sales were executed in multiple trades at prices ranging roughly from $677.78 to $699.28 and generated gross proceeds of approximately $3,664,388. All transactions are reported as sales (code S).

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 2, 2026 (timely within SEC two-business-day window).
• Total shares sold: 5,302; aggregate proceeds: ~$3.66 million.
• Price details: individual trade prices reported between ~$677.78 and $699.28; filing includes footnotes with narrower price ranges for groups of trades (see F2–F13).
• Plan/authorization: These sales were made pursuant to a Rule 10b5-1 trading plan adopted November 28, 2025 (footnote F1).
• Additional disclosure: The filing notes weighted-average prices and offers to provide detailed per-trade breakdowns on request (footnote F2).
• Shares owned after transaction: not specified in the excerpt provided.
• Transaction type: S = Sale (no purchases, option exercises, or awards reported in this filing).

Context
Sales under a pre-established 10b5-1 plan are commonly used by insiders to systematically sell shares and reduce timing risk; they are typically viewed as routine rather than a direct signal of changing sentiment. Retail investors should note purchases often carry more informational weight than planned sales, and this filing does not disclose any change in role or other material information.