The CFO's $25.73M open-market sale without a disclosed 10b5-1 plan is a material insider disposition. Monitor for any upcoming earnings pre-announcement, guidance revision, or material corporate event that may have prompted the sale. The absence of insider buying alongside this selling is notable.
Price Chart
Executive Summary
Lumentum CFO Ali Wajid sold $25.73M of stock on Oct 1, 2026, at $1,048.50/share, while President Wupen Yuen sold $1.23M over three open-market trades in late September. The CFO sale is large in absolute terms and represents a material insider disposition, though the stock trades near $945-$1,048, well above recent levels. The cluster is heavily weighted toward selling by the CFO, which is a notable signal.
Key Financial Metrics
Key Facts
- CFO Ali Wajid sold 24,500 shares on Oct 1, 2026, for $25.73M at $1,048.50/share
- President Wupen Yuen sold 1,307 shares total across three open-market trades (Sept 25-29) for $1.23M
- Total insider selling in cluster: $26.02M
- No 10b5-1 plan indicated for either seller
- Stock price at time of CFO sale ($1,048.50) is near the high end of the cluster range
Financial Impact
CFO sold $25.73M of stock in a single day; total cluster selling $26.02M
Risk Factors
- CFO selling $25.73M in a single day could signal negative private information about upcoming results
- Stock near $1,048 may be at a valuation peak; insider selling at highs is often a cautionary signal
- No insider buying to offset the selling pattern
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LITE-1791011754062 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Institutional Cluster | $756.17 | awaiting T+5 | — | $818.10 (+8.19%) |
Oct 12, 2026 14d ago | Institutional Cluster | $995.41 $834.51 | ▼ −16.16% | ▼ −14.67% | $818.10 (−17.81%) |
Oct 6, 2026 20d ago | DEFA14A | $1,111.07 $896.33 | ▼ −19.33% | ▼ −18.35% | $818.10 (−26.37%) |
Oct 6, 2026 20d ago | DEF 14A | $1,111.07 $896.33 | ▼ −19.33% | ▼ −18.35% | $818.10 (−26.37%) |
Oct 2, 2026 25d ago | Insider Cluster | $1,091.67 $995.41 | ▲ +8.82% | ▲ +9.24% | $818.10 (+25.06%) |
Sep 25, 2026 4w ago | 144 | $921.32 $1,091.67 | ▲ +18.49% | ▲ +17.29% | $818.10 (−11.20%) |
Sep 16, 2026 5w ago | 144 | $893.61 $929.04 | ▲ +3.96% | ▲ +3.36% | $818.10 (−8.45%) |
Sep 15, 2026 5w ago | 144 | $919.40 $937.00 | ▲ +1.91% | ▼ −0.65% | $818.10 (−11.02%) |
Sep 4, 2026 7w ago | Insider Cluster | $978.54 $838.96 | ▼ −14.26% | ▼ −13.14% | $818.10 (−16.40%) |
Sep 4, 2026 7w ago | 144 | $978.54 $838.96 | ▼ −14.26% | ▼ −13.14% | $818.10 (−16.40%) |
US Market Status
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