The proposed sale is small relative to market cap and likely part of routine portfolio diversification by an officer. However, the historical performance data shows prior neutral reports on LITE have had mixed outcomes (avg T+20 alpha -4.82%). Monitor for any subsequent Form 4 filings confirming execution, and watch for any insider selling acceleration ahead of the next earnings report.
Price Chart
Executive Summary
Wupen Yuen, an officer of Lumentum Holdings, filed a Form 144 on May 18, 2026, indicating intent to sell 3,210 shares of common stock with an approximate market value of $3.06 million based on a $778 per-share price. The shares were acquired via restricted stock vesting on May 15, 2025, and the sale is planned through Morgan Stanley. This is a modest insider sale relative to the company's $75.5B market cap, but the timing and officer status warrant attention.
Key Facts
- Insider: Wupen Yuen (Officer)
- Shares to be sold: 3,210 shares of common stock
- Estimated value: $3,062,179.50 (based on $778/share)
- Acquisition date: May 15, 2025 (restricted stock vesting)
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Filing date: May 18, 2026
- Market cap of Lumentum: $75.5B
- Recent insider activity (30d): 6 sells totaling $8.2M
Financial Impact
Proposed sale of 3,210 shares valued at ~$3.06M, representing less than 0.01% of market cap
Risk Factors
- Insider may not execute the sale (Form 144 is intent only)
- If executed, could signal insider sentiment if followed by additional sales
- Historical calibration suggests neutral reports on LITE have underperformed (avg T+20 alpha -4.82%)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-004658 |
| Document: 0001950047-26-004658-index.html | 0001950047-26-004658 |
| Document: 0001950047-26-004658.txt | 0001950047-26-004658 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | 144 | $919.40 $937.00 | ▲ +1.91% | ▼ −0.65% | $1,051.61 (+14.38%) |
Sep 4, 2026 27d ago | 144 | $978.54 $838.96 | ▼ −14.26% | ▼ −13.14% | $1,051.61 (+7.47%) |
Sep 4, 2026 28d ago | Insider Cluster | $881.26 $835.03 | ▼ −5.25% | ▼ −4.04% | $1,051.61 (+19.33%) |
Sep 3, 2026 28d ago | 144 | $881.26 $835.03 | ▲ +5.25% | ▲ +4.04% | $1,051.61 (−19.33%) |
Sep 2, 2026 29d ago | 144 | $847.37 $927.03 | ▲ +9.40% | ▲ +10.55% | $1,051.61 (+24.10%) |
Sep 2, 2026 4w ago | Insider Cluster | $870.58 $935.70 | ▼ −7.48% | ▼ −8.44% | $1,051.61 (−20.79%) |
Sep 1, 2026 4w ago | 144 | $870.58 $935.70 | ▲ +7.48% | ▲ +8.44% | $1,051.61 (+20.79%) |
Aug 31, 2026 4w ago | 144 | $868.95 $988.98 | ▲ +13.81% | ▲ +13.73% | $1,051.61 (+21.02%) |
Aug 28, 2026 4w ago | 144 | $914.76 $978.54 | ▲ +6.97% | ▲ +7.11% | $1,051.61 (+14.96%) |
Aug 26, 2026 5w ago | Insider Cluster | $956.14 $847.37 | ▼ −11.38% | ▼ −11.64% | $1,051.61 (+9.98%) |
US Market Status
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