Lumentum President Sells Shares Under Rule 10b5-1 Plan
Wupen Yuen, President of Lumentum Holdings Inc. (NASDAQ: LITE), sold 1,500 shares between August 28 and September 1, 2026, under a pre-established trading plan compliant with Rule 10b5-1. The transaction was valued at approximately $1.4 million based on an average sale price of $912.33 per share. After the sale, Yuen retained ownership of 117,627 shares directly held in common stock, which were worth around $102.21 million as of September 1, 2026. The company reported a total return of over 554% for its stock during the preceding twelve months and currently has no derivative or indirect equity positions attributed to Yuen. Lumentum's recent performance shows strong growth with trailing twelve-month revenue reaching $3 billion, driven by increased demand in data centers supporting AI technologies.
Tickers: $LITE