Lumentum (LITE) Director Pamela Fletcher Receives RSU Award

What Happened Pamela Fletcher, a director of Lumentum Holdings Inc. (LITE), was awarded 108 restricted stock units (RSUs) on July 15, 2026. The RSUs were granted at $0.00 (no immediate cash cost) and each RSU represents the contingent right to receive one share of Lumentum common stock upon vesting. The total reported acquisition value at grant was $0.

Key Details

• Transaction date: 2026-07-15; Filing date (Form 4): 2026-07-16.
• Transaction code: A (award/grant); Amount: 108 RSUs; Price: $0.00.
• Vesting: 100% of the RSUs vest on July 15, 2027, subject to the Reporting Person continuing service through that date.
• Grant reason: RSUs were granted in lieu of the director's annual cash retainer (election by the director).
• Shares owned after transaction: not specified in the filing.
• Timeliness: Filed the next day (appears timely).

Context RSUs are a common form of equity compensation for directors and do not represent an immediate purchase or sale—shares are delivered only if and when the units vest. Grants in lieu of cash retainers are routine and generally reflect compensation policy rather than a direct signal about the insider’s view of the stock.