Jae Kim Sells 12,000 Shares of Lumentum (NASDAQ:LITE) Stock
MarketBeat
Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) SVP Jae Kim sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total transaction of $10,230,960.00. Following the sale, the senior vice president owned 37,804 shares of the company's stock, valued at approximately $32,230,934.32. This represents a 24.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:LITE