Director Pamela Fletcher sells 3,155 shares at blended average $972.09 under pre-arranged 10b5-1 plan
Pamela Fletcher, a director at Lumentum Holdings, executed 2 separate sales totaling 3,155 shares for $3,066,936.34 on May 14-15, 2026, as part of a pre-arranged 10b5-1 trading plan adopted on 2026-02-12. This scheduled activity reduces her holding from 10,561 shares to 7,406 shares. The stock's 30-day price movement is +17.8% and 90-day movement is +72.5%, indicating strong recent momentum, while the current price of $970.70 sits 10.6% below the 52-week high of $1085.68. The company's fundamentals show revenue of $808.4M in the latest quarter, net income of $144.2M, and annual revenue growth of +21.0%, though the P/E of 171.81 reflects a premium valuation. Because this sale operates under a pre-arranged 10b5-1 plan, timing reflects the plan's schedule rather than discretionary decision-making by the director.