Lumentum (LITE) EVP Vincent Retort Receives 15,174-Share Award

What Happened
Vincent Retort, Executive Vice President, Global Reliability & Quality at Lumentum Holdings (LITE), was credited with 15,174 shares as an award (code A) on August 17, 2026. The reported acquisition price was $0.00 (this was a grant of performance stock units rather than a market purchase), so there was no immediate cash exchanged. The grant reflects PSUs for which performance conditions have been certified; the shares remain subject to time-based vesting.

Key Details

• Transaction date: August 17, 2026. Report filed Aug 27, 2026. (Filed 10 days after the transaction date.)
• Transaction type/code: Award/Grant (A). Shares granted: 15,174; price reported: $0.00; immediate value shown: $0.
• Vesting: Footnote states the Compensation Committee certified achievement of performance conditions for PSUs granted Aug 19, 2025; 100% of these shares vest Aug 19, 2028, subject to continued service.
• Shares owned after transaction: the Form 4 references beneficial ownership as of Aug 17, 2026 and notes related transactions reported separately on Aug 18, 2026 (see filing footnote); the exact post-transaction total isn't provided in this summary.
• Filing timeliness: The Form 4 was filed on Aug 27, 2026 for an Aug 17 transaction and therefore appears to have been filed later than the typical 2-business-day SEC requirement.

Context
Performance stock units (PSUs) are compensation awards that depend on both performance (already certified here) and continued employment; they do not represent immediately tradable shares until they vest. Grants like this are common executive compensation and do not by themselves indicate buying or selling intent in the market.