Fletcher Pamela 4
Research Summary
AI-generated summary
Lumentum (LITE) Director Pamela Fletcher Sells 3,155 Shares
What Happened
Pamela Fletcher, a director of Lumentum Holdings Inc. (LITE), sold a total of 3,155 shares in two open‑market dispositions. On 2026-05-14 she sold 1,577 shares at $1,003.38 each for $1,582,322, and on 2026-05-15 she sold 1,578 shares at $940.82 each for $1,484,614, for combined proceeds of $3,066,936. These were sales (S), not purchases.
Key Details
- Transaction dates & prices: 2026-05-14 — 1,577 sh @ $1,003.38; 2026-05-15 — 1,578 sh @ $940.82.
- Total shares sold: 3,155; total proceeds: $3,066,936.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Fletcher on February 12, 2026.
- Filing: Report filed on 2026-05-15 covering the 2026-05-14 transaction period; no lateness indicated in the provided data.
Context
- A Rule 10b5-1 plan is a pre-arranged trading schedule that allows insiders to sell shares at predetermined times; trades under such plans are typically automatic and do not necessarily reflect the insider’s current view of the company.
- For retail investors, purchases by insiders can be more informative than routine sales; these reported sales appear to be executed under a pre-established plan rather than ad hoc disposals.