Form 4: Lumentum Holdings Inc. Executive Matthew Joseph Sepe Reports Stock Transaction
SEC Form 4 Filing
Chief Accounting Officer Matthew Joseph Sepe of Lumentum Holdings Inc. reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 23, 2024, Matthew Joseph Sepe, Chief Accounting Officer of Lumentum Holdings Inc., reported a transaction involving the disposition of 2,676 shares of common stock.
- The shares were disposed of to cover income tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $59.17 per share.
- Following the transaction, Sepe directly owns 29,310 shares of Lumentum Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of stock transaction |
| 08/27/2024 | Date of signature on the Form 4 filing |
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