Lumentum (LITE) SVP General Counsel Kim Jae Receives Award 11,634

What Happened
Kim Jae, SVP and General Counsel of Lumentum Holdings, was reported as acquiring 11,634 shares via a grant/award on August 17, 2026 at an acquisition price of $0.00 (no cash paid). The grant reflects performance stock units (PSUs) for which the company’s Compensation Committee certified achievement of certain performance conditions. The PSUs remain time‑vested: 100% of the shares will vest on August 19, 2028, provided the reporting person remains a service provider through that date.

Key Details

• Transaction date: August 17, 2026; reported on Form 4 filed August 27, 2026 (filed 10 days after the transaction — later than the typical 2-business‑day deadline).
• Transaction type/code: Grant/Award (A); 11,634 shares acquired at $0.00 (no cash consideration).
• Vesting: 100% time-based vest on August 19, 2028, subject to continued service; performance conditions already certified by the Compensation Committee (per footnote).
• Shares owned after transaction: this Form 4 does not list a definitive post-transaction beneficial ownership total; footnote notes an additional Form 4 filed Aug 18, 2026 reporting other Aug 17 transactions that affect ownership.
• Footnotes: F1 — performance conditions certified for PSUs originally granted Aug 19, 2025; F2 — beneficial ownership note and related filings.

Context
This is an award of performance stock units (not an open‑market purchase or sale). The award does not involve immediate cash outlay or sale of shares and will only convert into vested shares on the stated vesting date if the insider remains employed. Awards like this reflect compensation and do not, by themselves, indicate an insider buying or selling stock in the market.