Form 4: Lumentum Holdings Inc. Executive Matthew Joseph Sepe Reports Stock Transaction
SEC Form 4 Filing
Matthew Joseph Sepe, Chief Accounting Officer of Lumentum Holdings Inc., reports the disposal of 601 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Matthew Joseph Sepe, the Chief Accounting Officer of Lumentum Holdings Inc., disposed of 601 shares of common stock.
- The transaction was executed to cover income tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $45.72.
- Following the transaction, Sepe directly owns 32,587 shares of Lumentum Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who have stock-based compensation. It reflects standard practice for covering tax obligations when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature by Attorney-in-Fact |
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