Form 4: Lumentum CEO Acquires Shares Via Restricted Stock Units

Lumentum Holdings CEO Michael E. Hurlston acquired 34,393 shares of common stock through restricted stock units.

Summary

• Michael E. Hurlston, President and CEO of Lumentum Holdings Inc., acquired 34,393 shares of Common Stock on August 19, 2025, through the vesting of restricted stock units (RSUs).
• Following the transaction, Hurlston directly owns 149,597 shares of Lumentum Holdings Inc.
• The RSUs vest over time, with 1/3 vesting one year from the grant date and the remaining shares vesting in equal quarterly installments thereafter, subject to continued employment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of shares by the CEO is generally a positive sign, indicating confidence in the company. However, it is a routine transaction related to executive compensation.

Positives

• The acquisition of shares by the CEO signals confidence in the company's future performance.
• The vesting schedule of the RSUs incentivizes the CEO to remain with the company and drive long-term value.

Future Outlook

The vesting of RSUs is contingent upon the Reporting Person continuing to be an employee through each vesting date, or as provided under the Issuer's 2015 Equity Incentive Plan.

Industry Context

Executive compensation often includes stock-based awards like RSUs to align management's interests with those of shareholders and promote long-term value creation.

Stakeholder Impact

• Shareholders: The CEO's increased stake in the company aligns his interests with theirs.
• Employees: The CEO's continued employment is incentivized by the vesting schedule.

Key Dates

Recommendation

The filing represents a routine transaction related to executive compensation and does not provide a basis for changing a hold recommendation.

Keywords

Lumentum Holdings, Michael E. Hurlston, CEO, restricted stock units, RSUs, stock acquisition, beneficial ownership, Form 4