Form 4: Lumentum Holdings EVP Wajid Ali Sells Shares Under 10b5-1 Trading Plan

EVP & CFO of Lumentum Holdings, Wajid Ali, sold a total of 2,172 shares of common stock on February 18, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Wajid Ali, the EVP & CFO of Lumentum Holdings Inc., reported the sale of company stock on February 18, 2025.
• A total of 2,172 shares of common stock were sold in two separate transactions.
• The first transaction involved the sale of 1,072 shares at a weighted average price of $77.9846.
• The second transaction involved the sale of 1,100 shares at a weighted average price of $78.6927.
• The sales were executed under a Rule 10b5-1 trading plan adopted on August 30, 2024.
• Following the reported transactions, Ali directly owns 51,976 shares of Lumentum Holdings Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact due to the relatively small volume and the pre-planned nature of the transactions.

Key Dates

Keywords

Form 4, Lumentum Holdings, Wajid Ali, stock sale, Rule 10b5-1, insider trading