Lumentum (LITE) CFO Ali Wajid Receives 5,005 RSU Award

What Happened

• Ali Wajid, Chief Financial Officer of Lumentum Holdings, received a grant of 5,005 restricted stock units (RSUs) on August 25, 2026. The reported acquisition price is $0.00, so no cash was paid at grant. RSUs convert to shares subject to vesting; this is an award/compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-25; Form 4 filed: 2026-08-27 (filed within the typical two-business-day window).
• Transaction type/code: A (Award/Grant).
• Shares/units granted: 5,005 RSUs; reported acquisition price: $0.00 (total reported value at grant: $0).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote (F1): Each RSU represents a contingent right to one share upon vesting. 1/3 vests one year from the grant date; the remaining shares vest in eight equal quarterly installments thereafter on Nov 15, Feb 15, May 15 and Aug 15, subject to continued employment and the Issuer's 2025 Equity Incentive Plan.

Context

• RSU grants are typically part of executive compensation and vest over time; they are not immediate buys or sales and don't necessarily signal short-term buying/selling sentiment. Taxable events generally occur at vesting (when shares are delivered), not at grant.