Form 4: Director Brian Lillie Sells Lumentum Shares

Lumentum Holdings Inc. director Brian Lillie sold 49 shares of common stock pursuant to a pre-established Rule 10b5-1 trading plan.

Summary

• Director Brian Lillie sold 49 shares of Lumentum Holdings Inc. (LITE) common stock.
• The transaction occurred on May 11, 2026, at a price of $1,004.335 per share.
• Following the sale, the reporting person maintains beneficial ownership of 13,910 shares.
• The sale was executed under a Rule 10b5-1 trading plan adopted on February 6, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-planned 10b5-1 arrangement and represents a negligible portion of the director's total holdings.

Positives

• The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which is a standard mechanism for insiders to sell stock without concerns regarding non-public information.

Negatives

• Insider selling, even when pre-planned, represents a reduction in the director's direct equity stake in the company.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance or operational outlook provided in this document.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is a standard corporate governance practice and typically does not signal a change in management's view of the company's long-term prospects.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate insiders to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was small and pre-planned.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Lumentum, LITE, Insider Trading, Form 4, SEC Filing, Brian Lillie