Johnson Julia Suzanne 4
Research Summary
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Lumentum (LITE) Director Julia Johnson Receives 108 RSU Award
What Happened Julia Suzanne Johnson, a director of Lumentum Holdings Inc. (LITE), was granted 108 restricted stock units (RSUs) on July 15, 2026. The reported acquisition price is $0.00 (total $0) — this was an award under the company’s 2025 Equity Incentive Plan granted in lieu of her annual cash retainer at the director’s election. Each RSU represents the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction type: Award/Grant (Code A).
- Transaction date: July 15, 2026; Filing date: July 16, 2026 (timely).
- Amount: 108 RSUs; reported acquisition price $0.00 (total $0).
- Vesting: 100% of the RSUs vest on July 15, 2027, contingent on continued service through that date (per footnote F1).
- Shares owned after the transaction: not specified in the filing.
- Footnote: RSUs convert to one share each upon vesting; granted instead of the annual cash retainer.
Context This is a standard director compensation grant rather than a purchase or sale of stock. RSUs are compensation that will convert to shares only if vesting conditions are met; they do not represent immediately tradable shares and are not a direct market purchase signal. Filing was timely and no tax-withholding or sale-on-vest details were reported.