Trivial officer sale of restricted stock vesting — no concern. Does not alter fundamental thesis. Monitor for any Form 4 filings if sale executes, but this quarter completes above or below current price.
Price Chart
Executive Summary
Jae Kim, a Lumentum officer, filed Form 144 notice of intent to sell 1,422 shares valued at approximately $1.36M based on a May 18 price of ~$956/share. The sale represents a small fraction of the officer's holdings (~2.2% of ~77.8M shares outstanding) and the company's $75.5B market cap, making it a routine portfolio diversification event with no material signal. The filing shows shares from restricted stock and ESPP vesting, which are typical source transactions for officer sales.
Key Facts
- Form 144 signals intent to sell 1,422 shares of common stock
- Reporting owner: Jae Kim (officer, title not explicitly stated but listed as 'Officer')
- Estimated proceeds: $1,356,516.90 based on ~$956.47/share
- Total shares outstanding ~77.8M per filing denominator
- Shares sourced: 1,365 from restricted stock vesting (05/15/2026), 57 from ESPP (05/15/2026)
- Plan to sell this calendar quarter starting 05/18/2026 on Nasdaq
- Sale is ~0.001.8% of shares outstanding; trivial relative to $75.5B market cap
Financial Impact
1,422 shares at ~$956/share = $1.36M proceeds; represents ~0.0018% of outstanding shares
Risk Factors
- Insider sales could accelerate if officer files additional 144s, but this one is small
- No negative signal from a single routine sale of RSU/ESPP proceeds
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-004714 |
| Document: 0001950047-26-004714-index.html | 0001950047-26-004714 |
| Document: 0001950047-26-004714.txt | 0001950047-26-004714 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 144 | $919.40 $937.00 | ▲ +1.91% | ▼ −0.65% | $1,085.42 (+18.06%) |
Sep 4, 2026 28d ago | 144 | $978.54 $838.96 | ▼ −14.26% | ▼ −13.14% | $1,085.42 (+10.92%) |
Sep 4, 2026 28d ago | Insider Cluster | $881.26 $835.03 | ▼ −5.25% | ▼ −4.04% | $1,085.42 (+23.17%) |
Sep 3, 2026 29d ago | 144 | $881.26 $835.03 | ▲ +5.25% | ▲ +4.04% | $1,085.42 (−23.17%) |
Sep 2, 2026 4w ago | 144 | $847.37 $927.03 | ▲ +9.40% | ▲ +10.55% | $1,085.42 (+28.09%) |
Sep 2, 2026 4w ago | Insider Cluster | $870.58 $935.70 | ▼ −7.48% | ▼ −8.44% | $1,085.42 (−24.68%) |
Sep 1, 2026 4w ago | 144 | $870.58 $935.70 | ▲ +7.48% | ▲ +8.44% | $1,085.42 (+24.68%) |
Aug 31, 2026 4w ago | 144 | $868.95 $988.98 | ▲ +13.81% | ▲ +13.73% | $1,085.42 (+24.91%) |
Aug 28, 2026 5w ago | 144 | $914.76 $978.54 | ▲ +6.97% | ▲ +7.11% | $1,085.42 (+18.66%) |
Aug 26, 2026 5w ago | Insider Cluster | $956.14 $847.37 | ▼ −11.38% | ▼ −11.64% | $1,085.42 (+13.52%) |
US Market Status
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