CEO Sells Stock for Taxes, Still Confident | Business and Finance News

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Recorded19 Aug 2026

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Lumentum CEO Michael Hurlston sold 5,000 shares—worth $5M—to cover taxes from stock compensation, not a sign of losing faith. He still holds nearly 119K shares, showing deep alignment with the company’s future. Lumentum, a key player in optical tech powering 5G and AI, saw revenue double last quarter and stock surge over 600% in a year—proof of explosive demand for its critical infrastructure. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5da5bf4bb1674c37

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