Form 4: Lumentum CFO Wajid Ali Reports Stock Vesting Tax Withholding
Insider Transaction Report
Lumentum Holdings Inc.'s EVP & CFO, Wajid Ali, reported the withholding of 2,743 common shares at $232.15 each to cover tax obligations related to restricted stock unit vesting.
Summary
- Wajid Ali, Executive Vice President and Chief Financial Officer of Lumentum Holdings Inc. (LITE), reported a transaction on November 15, 2025.
- The transaction involved the disposition of 2,743 shares of Common Stock.
- These shares were withheld by the issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of restricted stock units.
- The shares were valued at a price of $232.15 per share for the tax withholding.
- Following this transaction, Wajid Ali directly beneficially owns 74,344 shares of Lumentum Holdings Inc. Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding related to RSU vesting, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, which is common across all publicly traded companies and does not reflect specific industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction related to executive compensation and tax compliance.
Key Dates
| Date | Description |
|---|---|
| 11/15/2025 | Date of transaction (shares withheld for tax obligations related to RSU vesting) |
| 11/18/2025 | Date the Form 4 was signed by Attorney-in-Fact |
Keywords
Lumentum Holdings Inc., LITE, Wajid Ali, CFO, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Common Stock
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