Form 4: Lumentum Holdings Executive Yuen Wupen Reports Stock Transaction
SEC Form 4 Filing
Yuen Wupen, President of Cloud & Networking at Lumentum Holdings, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 23, 2024, Yuen Wupen, President, Cloud & Networking at Lumentum Holdings Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 8,115 shares to satisfy income tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $59.17.
- Following the transaction, Yuen Wupen beneficially owns 65,583 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of stock transaction (disposal of shares). |
| 08/27/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.