Lumentum (LITE) EVP Vincent Retort Sells Shares

What Happened
Vincent Retort, Executive Vice President, Global Reliability & Quality of Lumentum Holdings (LITE), sold a total of 38,663 shares in open-market transactions on August 25, 2026. The individual trades reported prices from $842.22 to $860.05 (multiple trades with narrower ranges noted in the filing) for aggregate proceeds of approximately $32.96 million. These were sales (S).

Key Details

• Transaction date: August 25, 2026; Form 4 filed August 27, 2026 (timely filing).
• Shares sold: 38,663 total; prices reported in the filing range roughly $842.22–$860.05; detailed subranges are provided in filing footnotes (F2–F19).
• Total proceeds: ~$32.96 million.
• Plan/footnote: Sales were executed pursuant to a Rule 10b5-1 trading plan adopted November 13, 2025 (footnote F1).
• Post-transaction holdings: Not specified in the provided excerpt of the filing.
• Transaction code: S = Sale. Filing notes multiple executions and provides weighted-average/price-range details and offers to provide per-trade details to the SEC, issuer or shareholders upon request.

Context
A Rule 10b5-1 plan indicates these sales were prearranged according to a trading plan adopted earlier (Nov 13, 2025). Sales under 10b5-1 plans are typically scheduled in advance and are not, by themselves, a definitive signal of the insider’s current view of the company. This summary is factual and does not speculate on motives.