Form 4: Lumentum Holdings Executive Yuen Wupen Reports Stock Transaction
SEC Form 4 Filing
Yuen Wupen, President of Cloud & Networking at Lumentum Holdings, reports the disposal of 403 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 2, 2024, Yuen Wupen, President of Cloud & Networking at Lumentum Holdings Inc., reported a transaction involving the disposal of 403 shares of common stock.
- The shares were disposed of to satisfy income tax withholding obligations related to the vesting of restricted stock units.
- The transaction price was $44.33 per share.
- Following the transaction, Yuen Wupen directly owns 73,880 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of stock transaction |
| 08/05/2024 | Date of signature |
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