Ian Small

Ian Small (Director) sold 4,954 shares of LITE at $868.07 on 2026-05-21, reducing holdings to 21,008 shares

Director Ian Small sold 4,954 shares for $4,300,418.78, reducing his position by -19.1% to 21,008 shares. The stock has appreciated 8.4% over the past 30 days and 41.8% over 90 days, while trading 12.8% below its 52-week high of $1085.68. His three most recent sales at this ticker (all on 2026-05-08) were each followed by modest positive 30-day and 90-day returns of approximately 5.7%–5.9%, with none meeting the well-timed threshold (0 of 3 prior sells were well-timed at the 90-day mark). Against the backdrop of strong fundamentals—revenue of $808,400,000.00 and net income of $144,200,000.00 in the latest quarter, with annual revenue growth of +21.0%—this sale represents continued reduction in an already-thinned position, following a pattern of recent liquidation activity.

Director Small Ian sells 3,500 shares of LITE for ~$3.2M while stock near 52-week highs.

Director Small Ian executed three sales totaling 3,500 shares on a single day, disposing of roughly 12% of his holdings at prices near the company's 52-week high. This is his first open-market sale activity in the past three years; prior Form 4 filings involved only stock-based compensation transactions. Lumentum is a profitable company, but the recent 90-day rally has been dramatic, creating a natural moment for existing shareholders to reduce positions at elevated valuations. The sale carries no inherent negative signal—directors regularly trim holdings after large price moves—but the timing and scale warrant noting given the stock's frothy positioning relative to its recent trading range.