Insider sale: LITE (NASDAQ: LITE) files to sell 5,302 shares

Rhea-AI Filing Summary

LITE insider sale reported via Form 144. The filing lists a sale of 5,302 shares of Common Stock on 02/27/2026 by Waajid Ali and shows proceeds or value of $3,664,387.17. The securities are described as Restricted Stock with a related date of 05/15/2026.

Key Figures

Form type: Form 144 Shares sold: 5,302 shares Reported value: $3,664,387.17 +3 more

6 metrics

Form type Form 144 insider sale notice

Shares sold 5,302 shares sale date <date>02/27/2026</date>

Reported value $3,664,387.17 associated with the 02/27/2026 sale

Security type Restricted Stock related date <date>05/15/2026</date>

Exchange listing (excerpt) NASDAQ listing noted in the excerpt

Listed share figure in header 77,800,000 appears near header with date <date>05/18/2026</date>

Key Terms

Restricted Stock, Form 144, Issuer

3 terms

Restricted Stock financial

"Common | 05/15/2026 | Restricted Stock | ISSUER"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer regulatory

"Restricted Stock | ISSUER | | | 2487 | 05/15/2026"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2487	2372473.65	77800000	05/18/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2026	Restricted Stock	ISSUER			2487	05/15/2026	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
WAJID ALI 1001 Ridder Park Drive San Jose CA 95131	Common	02/27/2026	5302	3664387.17

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did LITE's Form 144 disclose about the insider transaction?

The Form 144 discloses a sale of 5,302 shares by Waajid Ali on 02/27/2026. The filing shows a dollar amount of $3,664,387.17 associated with the transaction and labels the securities as Restricted Stock dated 05/15/2026.

Who is the reporting person on the LITE Form 144 filing?

The filing identifies Waajid Ali with an address in San Jose, CA as the reporting person. The record lists the security type as Common Stock and indicates the transaction occurred on 02/27/2026 as shown in the excerpt.

How many shares and what value were shown in the LITE Form 144?

The Form 144 shows 5,302 shares and a monetary figure of $3,664,387.17. Both numbers appear alongside the reported sale date 02/27/2026 in the provided excerpt from the filing.

Does the filing state whether proceeds go to the issuer or a selling holder?

The excerpt lists the transaction as a Form 144 sale by the reporting person and labels the securities Restricted Stock. The filing does not state a proceeds recipient in the provided excerpt.