Form 4: Lumentum Holdings Executive Yuen Wupen Reports Stock Transaction
SEC Form 4 Filing
Yuen Wupen, President of Cloud & Networking at Lumentum Holdings, reports a transaction involving the withholding of shares to cover income tax obligations.
Summary
- On August 15, 2024, Yuen Wupen, President of Cloud & Networking at Lumentum Holdings Inc., reported a transaction on Form 4.
- The transaction involved the withholding of 182 shares of common stock at a price of $52.26 per share to cover income tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Wupen directly owns 73,698 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not contain any information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the reported transaction. |
| 08/19/2024 | Date of signature for the report. |
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