{
  "id": 3006249,
  "title": "What to Know About the CFO of Lumentum's Latest Insider Transaction Filing",
  "url": "https://urgent.news/2026/08/24/what-to-know-about-the-cfo-of-lumentums-latest-insider-transaction-3006249",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T10:06:45.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/08/24/what-to-know-about-the-cfo-of-lumentum-s-latest-insider-transaction-filing/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Ali Wajid, the executive vice president and chief financial officer of Lumentum Holdings Inc., disclosed the sale of 10,728 shares of the company in an SEC Form 4 filing. The transaction took place on August 19 and 21, with a weighted average sale price of $851.79 per share. Following the sale, the market value of the shares increased to $866.71 per share as of the August 21 market close.\n\nLumentum Holdings Inc. is a global leader in the manufacturing of optical and photonic products, boasting a market capitalization of $68.4 billion and approximately 10,562 employees. The company harnesses cutting-edge photonic technologies to meet the increasing demand for high-speed data transmission and industrial laser applications, effectively positioning itself at the crossroads of telecommunications infrastructure and emerging industrial automation trends.\n\nWith total trailing twelve-month (TTM) revenue amounting to $3.0 billion, Lumentum places a strategic emphasis on innovation and market expansion within the communication equipment sector.",
  "summary": "Tax withholding obligations from vesting RSUs triggered the non-discretionary sale, reducing his direct holdings by 13%. He retains 71,851 shares valued at $62.27 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "What to Know About the CFO of Lumentum's Latest Insider Transaction Filing",
        "url": "https://urgent.news/2026/08/24/what-to-know-about-the-cfo-of-lumentums-latest-insider-transaction",
        "published": "2026-08-24T10:26:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}