Form 4: Lumentum EVP Retort Reports Routine Stock Transaction
Statement of Changes in Beneficial Ownership
Lumentum Holdings Inc. Executive Vice President Vincent Retort reported a routine disposition of 3,291 common shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Vincent Retort, Executive Vice President, Module Business Unit R&D and Product Development at Lumentum Holdings Inc., reported a transaction on November 15, 2025.
- The transaction involved the disposition of 3,291 shares of Lumentum Common Stock at a price of $232.15 per share.
- These shares were withheld by Lumentum Holdings Inc. to satisfy income tax withholding and remittance obligations associated with the vesting of restricted stock units.
- Following this transaction, Vincent Retort beneficially owns 147,481 shares of Common Stock.
- The reported beneficial ownership also includes 101 shares acquired on November 14, 2025, through the Issuer's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations, along with a small acquisition via an employee stock plan. This is neutral in terms of company performance or strategic direction.
Positives
- The transaction is a routine, non-discretionary event related to the vesting of restricted stock units, indicating standard compensation practices.
- The reporting person also acquired 101 shares through an Employee Stock Purchase Plan, suggesting continued participation in company equity programs.
Negatives
- The disposition of 3,291 shares, while for tax purposes, reduces the direct beneficial ownership of the executive.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal direct impact as it is a routine, non-discretionary transaction for tax purposes, reflecting standard executive compensation practices.
- Employees: Reflects standard employee equity compensation and purchase plan mechanisms.
Key Dates
| Date | Description |
|---|---|
| 11/14/2025 | Acquisition of 101 shares via Employee Stock Purchase Plan. |
| 11/15/2025 | Date of disposition of 3,291 shares for tax withholding related to RSU vesting. |
| 11/18/2025 | Date the Form 4 was signed by Attorney-in-Fact. |
Keywords
Lumentum Holdings Inc., LITE, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Employee Stock Purchase Plan, Vincent Retort, Executive Vice President
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