Form 4: Lumentum Holdings Executive Yuen Wupen Reports Stock Transaction

Yuen Wupen, President of Cloud & Networking at Lumentum Holdings, reports disposition of shares to cover tax obligations.

Summary

• On February 15, 2025, Yuen Wupen, President of Cloud & Networking at Lumentum Holdings Inc., reported a transaction involving common stock.
• The transaction involved the disposition of 1,843 shares to satisfy income tax withholding obligations related to the vesting of restricted stock units.
• The price per share was $77.68.
• Following the transaction, Wupen directly owns 95,502 shares of Lumentum Holdings Inc.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard corporate governance and compliance. The sentiment is neutral to slightly positive as it shows executive compensation and ownership.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine tax-related stock disposals, which are common.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.

Key Dates

Keywords

Form 4, Lumentum Holdings, Stock Transaction, Yuen Wupen, Insider Trading, Equity Securities