[144] Lumentum Holdings Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Lumentum Holdings, Inc. (LITE) by Wupen Yuen shows a proposed sale of 109 shares of common stock through Morgan Stanley Smith Barney LLC on 08/18/2025 with an aggregate market value of $12,693.05. The shares were acquired as restricted stock on 08/15/2024 and payment was recorded the same day. The filing lists the company's outstanding common shares as 69,400,000. The notice also discloses multiple recent sales by the same person between 05/19/2025 and 08/15/2025 totaling several hundred shares with listed gross proceeds for each trade.

Positive

• Regulatory disclosure provided for proposed sale of 109 shares, enhancing transparency
• Acquisition and sale details (dates and broker) are fully reported

Negative

• Insider conducted multiple small sales in the past three months, indicating ongoing disposals

Insights

Securities Analyst

TL;DR: Small, routine insider sale disclosure; no material impact on company valuation given the size relative to outstanding shares.

The filing shows a proposed sale of 109 shares (market value $12,693.05) and prior small sales by the same filer. As these amounts are negligible versus 69.4 million shares outstanding, the transaction is unlikely to be material to Lumentum's market capitalization or operations. The disclosure satisfies Rule 144 reporting requirements and permits transparency about insider liquidity events.

Corporate Governance Expert

TL;DR: Proper regulatory disclosure of insider sales; multiple small disposals suggest routine personal trading, not a governance red flag alone.

The notice identifies the seller, acquisition date (restricted stock on 08/15/2024), and prior recent sales between May and August 2025. The pattern is consistent with permitted dispositions under Rule 144 when reported. There is no indication in the filing of undisclosed material nonpublic information or 10b5-1 plan details, so governance concerns cannot be inferred from this form alone.

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	109	12693.05	69400000	08/18/2025	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	08/15/2024	Restricted Stock	ISSUER			109	08/15/2024	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
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	08/15/2025	109	12383.49
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	08/06/2025	241	26109.94
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	08/05/2025	241	26926.93
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	08/04/2025	241	26049.69
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	07/23/2025	265	26478.80
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	07/22/2025	264	27226.32
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	07/21/2025	264	26986.08
WUPEN YUEN 1001 Ridder Park Drive San Jose CA 95131	Common	05/19/2025	289	21929.32

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 does the Form 144 for LITE disclose?

The filing discloses a proposed sale of 109 common shares by Wupen Yuen through Morgan Stanley on 08/18/2025 with aggregate market value $12,693.05.

When were the shares being sold acquired?

The shares were acquired as restricted stock on 08/15/2024 and payment was recorded on the same date.

How many Lumentum shares are outstanding according to the filing?

The filing lists 69,400,000 shares outstanding.

Did the filer sell other LITE shares recently?

Yes. The filing lists multiple sales between 05/19/2025 and 08/15/2025 for amounts ranging from 109 to 289 shares with gross proceeds shown for each trade.

Which broker is handling the proposed sale?

The proposed sale is via Morgan Stanley Smith Barney LLC, New York.