Lumentum President Sells $479K in Company Stock
Lumentum Holdings Inc.
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Filing Summary
Lumentum Holdings Inc. (LITE) insider Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) sold 500 shares of Common Stock at $958.66 per share for a total of $479,330. Yuen now directly owns 119,127 shares. The sale was executed under a Rule 10b5-1 plan.
Comprehensive Analysis
Wupen Yuen, President of Global Business Units at Lumentum Holdings Inc., reported the sale of 500 shares of common stock on August 27, 2026, at a price of $958.66 per share, for a total transaction value of approximately $479,330. This sale was conducted pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2026. The filing also disclosed an award of 5,138 Restricted Stock Units (RSUs) on August 25, 2026. After the sale, Yuen's direct holdings in the company stand at 119,127 shares. The sale, while notable in value, was pre-planned, which can mitigate its market signaling impact.
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