Form 4: Lumentum Holdings EVP Wajid Ali Reports Stock Disposal for Tax Obligations

EVP & CFO of Lumentum Holdings, Wajid Ali, reports disposing of shares to cover income tax obligations related to vesting restricted stock units.

Summary

• Wajid Ali, the EVP & CFO of Lumentum Holdings Inc., filed a Form 4 on May 19, 2025, reporting a transaction that occurred on May 15, 2025.
• The transaction involved the disposal of 2,294 shares of common stock at a price of $77.76 per share.
• These shares were withheld by Lumentum Holdings to satisfy income tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Ali directly owns 49,682 shares of Lumentum Holdings Inc.
• The filing indicates that this transaction was not 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: Neutral sentiment as the filing reports a routine transaction related to tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Lumentum Holdings, Wajid Ali, Stock Disposal, Tax Obligations, Insider Trading