Wupen Yuen sells 3,210 LITE shares at $953.95 under pre-arranged 10b5-1 plan; $890.09 current price -18.0% from 52-week high.
Wupen Yuen, President of Global Business Units at Lumentum Holdings, sold 3,210 shares (3.2K shares) for $3,062,179.50 ($3.1M) on 2026-05-18 under a 10b5-1 trading plan adopted on 2025-11-05, meaning the sale was scheduled rather than discretionary. Following the sale, Yuen retains 81,488 shares (81.5K shares), representing a -3.8% reduction in holdings. The stock has declined -18.0% from its 52-week high of $1085.68 and now trades at $890.09. This sale falls within the context of Yuen's prior five trades at LITE, which posted mixed 30-day outcomes (ranging from +7.3% to +43.5%) but consistently positive 90-day returns (ranging from +56.4% to +140.7%), suggesting prior sales preceded subsequent appreciation. The company reports robust fundamentals with $808.4M quarterly revenue and annual revenue growth of +21.0%, though the elevated P/E of 157.54 reflects market pricing expectations. As a scheduled 10b5-1 transaction, this sale reflects pre-planned execution rather than discretionary positioning.