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Insider at company (NASDAQ: LITE) plans Rule 144 share sale

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

Rhea-AI Filing Summary

An affiliated shareholder of the issuer filed a Rule 144 notice indicating an intent to sell 3,441 shares of common stock through Morgan Stanley Smith Barney LLC on or around February 17, 2026 on the NASDAQ market. The planned sale has an stated aggregate market value of $1,878,025.40 and the issuer had 71,400,000 common shares outstanding at the time referenced.

The filing states these 3,441 shares were acquired as restricted stock from the issuer on February 15, 2026. It also discloses that Vincent D. Retort sold 45,026 common shares in the past three months for gross proceeds of $26,624,903.16. The signer represents they are not aware of undisclosed material adverse information about the issuer.

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 the Form 144 filing related to LITE disclose?

The Form 144 reports an affiliated shareholder’s intent to sell 3,441 shares of common stock under Rule 144. It outlines the planned broker, trading venue, recent share sales, acquisition details, and confirms the signer’s representation about public disclosure of material information.

How many LITE shares are planned to be sold under this Form 144?

The notice covers an intended sale of 3,441 common shares. These shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with a stated aggregate market value of $1,878,025.40 at the time referenced in the filing.

What recent LITE share sales are disclosed for the past three months?

The filing states that Vincent D. Retort sold 45,026 common shares on February 12, 2026, generating gross proceeds of $26,624,903.16. These sales must be aggregated with the planned sale to assess Rule 144 volume limits.

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

The 3,441 common shares covered by the notice were acquired on February 15, 2026 as restricted stock directly from the issuer. The filing lists the issuer as the source and describes the nature of payment as “Not Applicable.”

Which broker and exchange are involved in the planned LITE share sale?

The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located in New York. The intended trading venue is the NASDAQ exchange, as specified in the securities information section of the notice.

How many LITE shares were outstanding at the time referenced?

The document states that 71,400,000 common shares of the issuer were outstanding. This figure provides context for the scale of the 3,441-share planned sale relative to the total share count disclosed in the filing.
Lumentum Hldgs Inc

NASDAQ:LITE

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48.34B
70.91M
Communication Equipment
Communications Equipment, Nec
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United States
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