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 withholding of shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Yuen Wupen, President of Cloud & Networking at Lumentum Holdings Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 182 shares at a price of $45.72 per share to cover income tax obligations related to the vesting of restricted stock units.
- Following the transaction, Wupen directly owns 10,785 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral 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. This filing indicates a standard tax obligation fulfillment related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock transaction (withholding of shares). |
| 05/17/2024 | Date of signature for the report. |
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