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Holder plans Rule 144 sale of LITE (LITE) restricted common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of LITE filed a notice of proposed sale under Rule 144 for 2,705 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ. The filing lists an aggregate market value of $1,599,196.00 for these shares and notes 71,400,000 common shares outstanding in the same class.

The shares to be sold were acquired as restricted stock from the issuer, including 1,755 shares dated February 15, 2026 and 950 shares dated January 15, 2026, with payment described as not applicable, consistent with equity awards.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LITE's Form 144 filing disclose about upcoming share sales?

The filing shows a planned Rule 144 sale of 2,705 LITE common shares on NASDAQ. The shares have an aggregate market value of $1,599,196.00, providing notice that a holder of restricted or control stock may sell into the market.

What type of LITE securities are covered in this Form 144?

The notice covers common stock of LITE. It identifies the securities as common shares to be sold on NASDAQ, with 2,705 shares listed and a stated aggregate market value of $1,599,196.00 for this proposed transaction.

How many LITE shares are outstanding in the class referenced in the Form 144?

The document states that 71,400,000 shares of LITE common stock are outstanding in the same class as the shares to be sold. This provides context for the planned sale of 2,705 shares under Rule 144.

How and when were the LITE shares in this Form 144 acquired?

The shares were acquired as restricted stock from the issuer. The filing lists 1,755 common shares acquired on February 15, 2026 and 950 common shares acquired on January 15, 2026, with the nature of payment described as not applicable.

Which broker is handling the proposed LITE share sale under Rule 144?

The filing names Morgan Stanley Smith Barney LLC Executive Financial Services as the broker. Its address is listed as 1 New York Plaza, 8th Floor, New York, NY 10004, and the shares are intended for sale on the NASDAQ exchange.

What representation does the seller make in LITE's Form 144 notice?

The seller represents that they do not know any material adverse nonpublic information about the issuer’s current or prospective operations. This representation is made when signing the notice and is highlighted as important in the filing’s attention language.
Lumentum Hldgs Inc

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Communication Equipment
Communications Equipment, Nec
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