Retort Vincent 4

What Happened

• Vincent Retort, Executive Vice President, Module Business Unit R&D and Product Development at Lumentum (ticker: LITE), sold a total of 45,026 shares in multiple open-market transactions on February 12, 2026. The sales generated aggregate proceeds of approximately $26,624,904 (weighted average ≈ $591.60 per share). Individual lots were sold at prices ranging roughly from $575.80 to $602.19 across the reported trades.

Key Details

• Transaction date: February 12, 2026 (Form 4 filed Feb 13, 2026 — timely).
• Shares sold: 45,026 shares; aggregate proceeds ≈ $26,624,904; weighted average price ≈ $591.60/share.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: Sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025 (Footnote F1). Multiple footnotes detail that the reported lots were executed in multiple trades at specific price ranges (see filing; the filer offered to provide per-trade counts/prices on request).
• Transaction code: "S" (sale). No exercise, award, gift or tax-withholding indicated.

Context

• These sales were executed under a pre-established 10b5-1 plan, which generally indicates scheduled dispositions rather than ad hoc trades. For retail investors, purchases typically signal clearer insider confidence than routine sales; 10b5-1 sales are often used for liquidity or diversification. This Form 4 reports sales only and does not provide commentary on the insider’s motives.