Form 4: Lumentum Executive Jae Kim Executes Stock Transactions

Lumentum Holdings Inc. SVP and General Counsel Jae Kim reported the sale of 1,422 shares and tax-related withholding of 1,416 shares.

Summary

• Jae Kim, SVP and General Counsel of Lumentum Holdings Inc., reported two transactions involving common stock.
• 1,416 shares were withheld by the company on May 15, 2026, to satisfy tax obligations related to the vesting of restricted stock units.
• 1,422 shares were sold on May 18, 2026, at an average price of $953.95 per share.
• Following these transactions, the reporting person maintains a beneficial ownership of 32,333 shares of Lumentum common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions were pre-planned and relate to standard tax and liquidity management.

Positives

• The sale was conducted pursuant to a pre-established Rule 10b5-1 trading plan, indicating the transaction was planned in advance rather than based on immediate non-public information.

Negatives

• The transaction represents a reduction in the executive's direct equity stake in the company.

Risks

• Executive stock sales can sometimes be perceived negatively by the market as a signal of management sentiment regarding future share price performance.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The transactions were executed in accordance with a Rule 10b5-1 trading plan adopted on February 6, 2026.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is a standard practice for corporate executives to manage personal liquidity and tax obligations, and is generally viewed as neutral by the market.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to avoid potential insider trading allegations.
• The volume of shares sold is consistent with typical executive compensation and tax planning cycles observed in the technology sector.

Stakeholder Impact

• Minimal impact on shareholders as the sale was conducted through a pre-arranged plan.

Next Steps

• No further actions or milestones were disclosed in this filing.

Key Dates

Keywords

Lumentum, LITE, Insider Trading, Form 4, Executive Compensation, Rule 10b5-1