Lumentum CFO Wajid Ali sells 24,542 shares at $1,048.50 in $25.7 million planned sale
Lumentum Holdings Inc.’s finance chief sold roughly a quarter of his directly held stock in a single day, according to a Form 4 filed Friday afternoon.
Wajid Ali, Lumentum’s executive vice president and chief financial officer, sold 24,542 shares on Oct. 1 at a reported price of $1,048.50 a share. That comes to roughly $25.7 million, an IDD calculation from the filing.
The filing says the shares were sold under a Rule 10b5-1 trading plan Ali adopted on May 26, 2026.
After the sale, Ali reported owning 75,074 shares directly. Measured against the 99,616 shares implied before the trade, the sale trimmed his direct holdings by about 25%, an IDD calculation.
By the numbers
- Shares sold: 24,542
- Price: $1,048.50
- Approximate proceeds: $25.7 million
- Trade date: Oct. 1, 2026
- Shares owned after: 75,074
- Plan adopted: May 26, 2026
Sources
- Lumentum Holdings Inc. Form 4 for Wajid Ali, filed Oct. 2, 2026, accession 0001561100-26-000008
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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