Form 4: Lumentum Holdings Director Sells Shares Under 10b5-1 Trading Plan

Julia Suzanne Johnson, a director at Lumentum Holdings, sold 2,058 shares of common stock at $85.82 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Julia Suzanne Johnson, a director of Lumentum Holdings Inc., sold 2,058 shares of the company's common stock on November 22, 2024.
• The sale was executed at a price of $85.82 per share.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted by Ms. Johnson on August 22, 2024.
• Following the transaction, Ms. Johnson directly owns 23,287 shares of Lumentum Holdings common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for corporate insiders to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on non-public information.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The use of 10b5-1 trading plans is a common method for corporate insiders to sell shares while avoiding accusations of insider trading.
• The volume of shares sold is relatively small compared to the overall market capitalization of Lumentum Holdings, suggesting it is unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-arranged nature of the transaction.

Key Dates

Keywords

Lumentum Holdings, insider trading, Form 4, stock sale, Rule 10b5-1, director, equity securities