Harris Isaac Hosojiro 4
Research Summary
AI-generated summary
Lumentum (LITE) Director Harris Hosojiro Sells 1,416 Shares
What Happened
Harris Isaac Hosojiro, a director of Lumentum Holdings Inc. (LITE), sold 1,416 shares on June 2, 2026. The sales were executed in open-market trades at prices ranging from $1,000.00 to $1,000.09 (weighted average $1,000.08), generating approximately $1,416,115 in gross proceeds. This was a sale (S) rather than a purchase.
Key Details
- Transaction date: June 2, 2026; Form 4 filed June 4, 2026.
- Prices: $1,000.00 to $1,000.09; weighted average reported $1,000.08.
- Shares sold: 1,416; total proceeds ≈ $1,416,115.
- Method: Sales executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026 (Footnote F1).
- Footnote F2: Sales occurred in multiple trades; the reporting person will provide full trade-by-trade share counts and prices to the SEC, issuer, or a security holder upon request.
- Shares owned after the transaction: not specified in the filing.
Context
The sale was conducted under a pre-established 10b5-1 plan, which typically means trades were pre-scheduled and limits how much the transaction alone indicates insider sentiment. Sales by directors can be routine (liquidity, diversification, tax planning) and do not necessarily signal negative views about the company.