Form 4: Lumentum Officer's Stock Withheld for Taxes

Lumentum's Chief Accounting Officer, Matthew Sepe, had 837 shares withheld by the company to cover tax obligations related to restricted stock unit vesting.

Summary

• Matthew Joseph Sepe, Chief Accounting Officer of Lumentum Holdings Inc. (LITE), reported a transaction on August 15, 2025.
• 837 shares of Lumentum Common Stock were disposed of at a price of $115.86 per share.
• This disposition was due to shares being withheld by the company to satisfy income tax withholding and remittance obligations related to the vesting of restricted stock units.
• Following this transaction, Matthew Sepe beneficially owns 37,591 shares of Lumentum Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to tax withholding on RSU vesting, which has no material positive or negative implications for the company's operations or financial health.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation and tax obligations.

Key Dates

Recommendation

The filing details a routine, non-discretionary transaction where shares were withheld for tax purposes upon RSU vesting. This type of insider transaction does not reflect a change in management's view of the company's prospects and therefore does not warrant a change in investment recommendation based solely on this report.

Keywords

Lumentum, LITE, Form 4, insider transaction, stock withholding, restricted stock units, executive compensation