Lumentum (NASDAQ: LITE) holder plans million-dollar stock sale
Rhea-AI Filing Summary
Lumentum Holdings Inc. (LITE) is the issuer for which Jae Kim filed a Rule 144 notice to sell common stock. The notice covers 1,904 shares of common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $1,576,169.28 and an approximate sale date of August 20, 2026 on NASDAQ. The filing states that there were 89,700,000 shares of the same class outstanding. It also reports that during the past three months, Jae Kim sold 1,366 shares of common stock on August 18, 2026 for an aggregate sale price of $1,242,281.38.
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Key Figures
Shares to be sold: 1,904 shares of common stock
Aggregate market value of planned sale: $1,576,169.28
Shares outstanding: 89,700,000 shares
+2 more
5 metrics
Shares to be sold
1,904 shares of common stock
Planned sale under Rule 144 with approximate sale date August 20, 2026
Aggregate market value of planned sale
$1,576,169.28
Estimated market value of 1,904 shares to be sold
Shares outstanding
89,700,000 shares
Shares of Lumentum Holdings Inc. common stock outstanding for the class covered
Shares sold in past 3 months
1,366 shares
Common shares sold by Jae Kim on August 18, 2026
Aggregate sale price in past 3 months
$1,242,281.38
Aggregate sale price for 1,366 shares sold on August 18, 2026
Key Terms
Rule 144, Restricted Stock, Aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/19/2026 | 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.
Aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 1576169.28"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose about planned stock sales for LITE?
The filing discloses that Jae Kim has filed a notice under Rule 144 to sell 1,904 shares of Lumentum Holdings Inc. common stock, with an aggregate market value of $1,576,169.28, expected to be sold on or about August 20, 2026 on NASDAQ.
Who is the broker listed for the planned LITE stock sale?
The broker listed for the planned sale of Lumentum Holdings Inc. common stock is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What type of securities is Jae Kim planning to sell under Rule 144 for LITE?
Jae Kim is planning to sell restricted common stock of Lumentum Holdings Inc. The filing identifies the securities to be sold as Common and describes them as Restricted Stock acquired from the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.