Form 4: Lumentum Holdings Inc. Executive Matthew Joseph Sepe Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer Matthew Joseph Sepe reports a transaction involving Lumentum Holdings Inc. common stock related to tax withholding and employee stock purchase plan.

Summary

  • On May 15, 2025, Matthew Joseph Sepe, Chief Accounting Officer of Lumentum Holdings Inc., reported a transaction involving the company's common stock.
  • 837 shares were disposed of to satisfy income tax withholding obligations related to the vesting of restricted stock units at a price of $77.76.
  • Following the transaction, Sepe directly owns 37,583 shares of Lumentum Holdings Inc.
  • This total includes 845 shares acquired through the Issuer's Employee Stock Purchase Plan on May 15, 2024, November 15, 2024, and May 15, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for executives to sell shares to cover tax obligations when restricted stock units vest.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive for tax purposes.

Key Dates

DateDescription
May 15, 2024Acquisition of shares through the Issuer's Employee Stock Purchase Plan
November 15, 2024Acquisition of shares through the Issuer's Employee Stock Purchase Plan
May 15, 2025Disposition of shares for tax withholding and acquisition of shares through the Issuer's Employee Stock Purchase Plan
May 19, 2025Date of signature for the Form 4 filing

Keywords

Lumentum Holdings Inc., Matthew Joseph Sepe, Stock Transaction, Form 4, Insider Trading, Chief Accounting Officer, Employee Stock Purchase Plan, Tax Withholding, LITE

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.