An adjustable lighting apparatus includes a lighting module that is rotatably adjustable about a first rotation axis relative to an adjustable mount. The lighting module may include a heat sink, a driver, and a light source. The adjustable mount may include a base structure, a retainer, a shield, and a secondary shield. A trim may also be coupled to the adjustable mount. In some implementations, the lighting module translates along a first translation axis defined by the adjustable mount while rotating about the first rotation axis in order to reorient the light source while reducing shading losses caused by the adjustable mount. Openings in the base structure and the shield may be substantially covered at all rotational positions of the lighting module using a combination of the shield, the trim, the heat sink, and the secondary shield, thus eliminating the need for an additional enclosure.