Lumentum CFO Wajid Ali Disposes of $25.7M in Common Stock

Executive Summary

On October 1, 2026, Wajid Ali, Executive Vice President and Chief Financial Officer of Lumentum Holdings Inc. ($LITE), sold 24,542 shares of common stock at a price of $1,048.50 per share. The transaction generated total proceeds of approximately $25.73 million.

Transaction Details

• Security: Common Stock
• Transaction Type: Open market sale (Transaction Code 'S')
• Shares Sold: 24,542
• Execution Price: $1,048.50
• Gross Proceeds: $25,732,287.00
• Post-Transaction Holdings: 75,074 direct shares
• Trading Plan: Executed under a Rule 10b5-1 trading plan established on May 26, 2026.

Ownership Impact and Market Context

Prior to the sale, Ali held 99,616 directly owned shares. The sale represents a reduction of approximately 24.6% of his direct equity position. Although the transaction value is substantial at over $25.7 million, the sale was carried out under a pre-established Rule 10b5-1 plan adopted more than four months prior, mitigating concerns regarding discretionary trading ahead of undisclosed material events.