Form 4: Lumentum CEO Alan Lowe Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Lumentum Holdings CEO Alan Lowe reports the disposal of shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On February 15, 2025, Alan S Lowe, CEO of Lumentum Holdings Inc., disposed of 6,678 shares of common stock to cover income tax withholding obligations.
- The shares were disposed of at a price of $77.68 per share.
- Following the transaction, Lowe directly owns 294,218 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transaction. |
| 02/19/2025 | Date of signature by Attorney-in-Fact. |
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