Form 4: Lumentum Holdings Executive Retort Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Vincent Retort, President of Industrial Tech at Lumentum Holdings, sold shares to cover income tax withholding obligations related to vesting restricted stock units.
Summary
- On February 15, 2025, Vincent Retort, President, Industrial Tech. of Lumentum Holdings Inc., disposed of 1,986 shares of common stock to cover income tax withholding and remittance obligations.
- The shares were sold at a price of $77.68 per share.
- Following the transaction, Retort directly owns 145,529 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: Vincent Retort disposed of shares. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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