Lumentum Holdings Inc.·4

Jul 7, 7:28 PM ET

Harris Isaac Hosojiro 4

4 · Lumentum Holdings Inc. · Filed Jul 7, 2026

Research Summary

AI-generated summary of this filing

Updated

Lumentum (LITE) Director Harris Hosojiro Receives RSU Awards

What Happened

  • Harris Isaac Hosojiro, a director (and formerly Interim Chief Procurement Officer), was granted a total of 952 fully vested restricted stock units (RSUs) in three grant events (374 on 3/31; 320 on 4/30; 258 on 5/29). The issuer withheld a total of 395 shares to satisfy tax withholding obligations, reported as dispositions with aggregate withholding proceeds of $325,551 (125 shares @ $702.76 = $87,845; 145 shares @ $902.32 = $130,836; 125 shares @ $854.96 = $106,870). Each RSU represents the right to one share of common stock.

Key Details

  • Transaction dates and withholding steps:
    • 2026-03-31: 374 RSUs granted; 125 shares withheld for taxes at $702.76/share (proceeds $87,845).
    • 2026-04-30: 320 RSUs granted; 145 shares withheld for taxes at $902.32/share (proceeds $130,836).
    • 2026-05-29: 258 RSUs granted; 125 shares withheld for taxes at $854.96/share (proceeds $106,870).
  • Total RSUs granted: 952. Total shares withheld for taxes: 395. Total withholding value: $325,551.
  • Footnotes: RSUs were fully vested (each converts to one share). The grants were made while the reporting person was Interim Chief Procurement Officer. Withheld shares were remitted to satisfy income tax withholding.
  • Post-transaction beneficial ownership: specific post-transaction share counts are referenced in the Form 4 footnotes for 3/31, 4/30 and 5/29; see the filing for exact beneficial ownership figures.

Context

  • These were awards of vested RSUs rather than open-market purchases or option exercises; the "dispositions" reflect employer withholding to cover tax obligations (common practice), not an independent sale by the insider. Such withholding transactions are routine and generally do not indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-31
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-31+37412,774 total
  • Tax Payment

    Common Stock

    [F3][F2]
    2026-03-31$702.76/sh125$87,84512,649 total
  • Award

    Common Stock

    [F1][F4]
    2026-04-30+32012,969 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-04-30$902.32/sh145$130,83612,824 total
  • Award

    Common Stock

    [F1][F5]
    2026-05-29+25813,082 total
  • Tax Payment

    Common Stock

    [F3][F5]
    2026-05-29$854.96/sh125$106,87012,957 total
Footnotes (5)
  • [F1]These securities are fully vested restricted stock units (RSUs). Each RSU represents a right to receive one share of Common Stock of the Issuer.
  • [F2]The number of shares reported as beneficially owned following the reported transaction is as of March 31, 2026.
  • [F3]Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of RSUs.
  • [F4]The number of shares reported as beneficially owned following the reported transaction is as of April 30, 2026.
  • [F5]The number of shares reported as beneficially owned following the reported transaction is as of May 29, 2026, prior to the 4,000 share stock sale on May 29, 2026 reported in the Reporting Person's Form 4 filed June 1, 2026.
Signature
/s/ Jae Kim as Attorney-in-Fact|2026-07-07

Documents

1 file
  • 4
    form4-07072026_110711.xmlPrimary