Form 4: Lumentum Holdings Inc. Chief Accounting Officer Sells Shares

Lumentum Holdings Inc.'s Chief Accounting Officer, Matthew Joseph Sepe, sold 8,172 shares of common stock on November 13, 2024.

Summary

• Matthew Joseph Sepe, the Chief Accounting Officer of Lumentum Holdings Inc., sold 8,172 shares of the company's common stock on November 13, 2024.
• The sale was executed at a weighted average price of $87.599 per share.
• The total number of shares beneficially owned by Mr. Sepe after the transaction is 21,138.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, with no inherent positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate officers who trade company stock. It provides transparency into insider transactions.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States.
• The transaction is typical for executives who hold company stock and may sell shares for personal financial reasons or diversification.

Stakeholder Impact

• The stock sale by a company officer may have a minor impact on investor sentiment, but is generally considered a normal part of corporate activity.

Key Dates

Keywords

Lumentum Holdings Inc., Matthew Joseph Sepe, stock sale, insider trading, chief accounting officer, LITE