These sales are explained by equity vesting and tax withholding, not a bearish view. Ignore the cluster as noise. Monitor for any future open-market sales by the CEO or CFO that are not part of this vesting cycle.
Price Chart
Executive Summary
Two Lumentum insiders (SVP & General Counsel Kim Jae and 'See Remarks' Retort Vincent) sold a total of ~$4.14M in open-market sales on August 18, 2026, at ~$909.43/share. These sales occurred immediately after a large vesting and tax-withholding event on August 17, where both insiders, along with the CEO and CFO, surrendered shares for taxes on restricted stock grants. The open-market sales are modest at ~0.005% of the $75.4B market cap, a trivial amount. The cluster is dominated by non-cash tax withholding (total ~$69M in surrendered shares) tied to a single large equity grant vesting, which fully explains the timing and participants. The open-market sales are likely routine portfolio rebalancing following the sizable vesting, not a bearish signal.
Key Financial Metrics
Key Facts
- Two insiders sold 4,549 shares in open market for ~$4.14M on August 18, 2026.
- On August 17, four insiders (CEO, CFO, GC, Retort) had 63,956 shares vest ($0 exercise) and 50,334 shares surrendered for ~$49M in tax withholding.
- Total open-market sale value ($4.14M) is ~0.005% of LITE's $75.4B market cap — trivial.
- Sales occurred at ~$909/share, near the all-time high range for the stock.
- 18 of 21 cross-filing pairs are flagged as AMPLIFIERS, but the underlying insider-trades context is itself non-informative (cluster of sells, small proportional value, fully vesting-driven).
Financial Impact
Open-market sales of $4.14M from a $75.4B market cap company — no material financial impact.
Risk Factors
- None from this filing. The vesting-related selling pattern is typical and non-informative.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LITE-1787100473293 |
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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