Form 4: Lumentum Director Reports RSU Vesting & Tax Withholding
Insider Transaction Report
Lumentum Holdings Inc. Director and Interim Chief Procurement Officer Isaac Hosojiro Harris reported the vesting of 870 restricted stock units and the disposition of 312 shares for tax withholding.
Summary
- Isaac Hosojiro Harris, a Director and Interim Chief Procurement Officer of Lumentum Holdings Inc. (LITE), reported changes in his beneficial ownership of common stock.
- On December 31, 2025, Harris acquired 870 shares of common stock through the vesting of fully vested restricted stock units (RSUs) at a price of $0.
- Following this acquisition, his beneficial ownership increased to 11,917 shares.
- On the same date, December 31, 2025, Harris disposed of 312 shares of common stock at a price of $368.59.
- This disposition was made to satisfy income tax withholding and remittance obligations in connection with the RSU vesting.
- After these transactions, Harris's beneficial ownership stands at 11,605 shares of Lumentum Holdings Inc. common stock.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to executive compensation and tax withholding, which is neutral in sentiment.
Positives
- Vesting of 870 restricted stock units (RSUs) indicates ongoing compensation for the Director and Interim Chief Procurement Officer, aligning management's interests with shareholders.
- The acquisition of shares at a $0 price reflects the nature of RSU compensation, a common form of equity incentive.
Negatives
- Disposition of 312 shares for tax withholding, while a standard practice, reduces the direct beneficial ownership of the insider.
Future Outlook
The filing does not provide any forward-looking statements or guidance beyond the reported future transaction date of December 31, 2025.
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information directly related to broader industry trends or competitive landscape. It reflects standard executive compensation practices within publicly traded companies.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Officer | N/A | Isaac Hosojiro Harris | N/A | Clarification of officer title as Interim Chief Procurement Officer. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Trading Plan Disclosure | The reported transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy designed to comply with insider trading regulations. | 12/31/2025 | This demonstrates adherence to corporate governance best practices regarding insider trading and provides transparency into executive stock transactions. |
Stakeholder Impact
- Shareholders: The transaction is a routine part of executive compensation and does not indicate any significant change in company strategy or financial health. It reflects a standard mechanism for executive equity incentives.
- Employees: No direct impact on general employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of transaction for RSU acquisition and tax withholding disposition. |
| 01/05/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Keywords
Lumentum, LITE, Form 4, insider transaction, RSU vesting, executive compensation, stock ownership, Rule 10b5-1
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