Lumentum Executive Sells Shares Under Pre-Scheduled Trading Plan
Wupen Yuen, president of global business units at Lumentum Holdings Inc. (NASDAQ:LITE), sold 12,565 shares in late August 2026 under a Rule 10b5-1 trading plan he filed on May 19. The transaction included the sale of 2,000 open-market shares and approximately 84% non-discretionary sales related to tax obligations from vested restricted stock units. Yuen now holds 93,229 directly owned shares in Lumentum, representing a 0.1% stake valued at $80.8 million as of August 21. The executive also maintains derivative securities tied to company performance. Investors may take note that the transaction was conducted under an established plan designed to avoid insider trading concerns. Lumentum operates in optical communications and commercial lasers, serving data centers, telecoms, and industrial markets globally with a $68.4 billion market cap.
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