Lumentum (LITE) SVP Eric Chang Receives 900-Share RSU Award

What Happened
Eric Chang, Senior Vice President, Finance and Chief Accounting Officer of Lumentum Holdings (LITE), received a grant of 900 restricted stock units (RSUs) reported on 2026-08-25. The filing shows an acquisition price of $0 per share (code A — award/grant), so no cash was exchanged at grant.

Key Details

• Transaction date: 2026-08-25; Form 4 filed 2026-08-27 (appears timely).
• Award: 900 RSUs, acquisition price $0.00 (typical for compensation grants).
• Vesting: 1/3 (300 RSUs) vest one year from the grant date; the remaining 600 RSUs vest in eight equal quarterly installments thereafter (75 RSUs per quarter) on Nov 15, Feb 15, May 15 and Aug 15, subject to continued employment and the 2025 Equity Incentive Plan.
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs represent a contingent right to receive one share per RSU upon vesting.

Context
This is a compensation award, not an open-market purchase or sale. RSU grants reward and retain employees and do not reflect an immediate cash investment by the insider; value is realized only as shares vest (and then may be subject to tax withholding).