Lumentum VP Sells $10.7 Million in Stock

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Lumentum Holdings vice president Vincent Retort sold 12,566 shares for $10.7 million on August 19 and 20. Most of the shares were withheld to cover taxes on vested restricted stock units, while 2,483 shares were sold under a Rule 10b5-1 plan adopted November 13, 2025. Retort retains 101,929 shares worth $88.34 million. The sale came as Lumentum posted a 638% one-year total return and non-GAAP gross margin of 50.4% in its latest quarter.

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Insider sale of stock, mostly tax-related, with no clear signal on company prospects.