[Form 4] Luminar Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing for Luminar Technologies, Inc. (LAZR) dated 07/08/2025 details an equity award to director Katharine A. Martin.

• Transaction: On 07/03/2025 Ms. Martin was granted 61,576 Class A common shares under a time-based restricted stock unit (RSU) award (Transaction Code “A”). No cash was paid (price $0).
• Vesting terms: The RSUs vest in full on the earlier of 07/03/2026 or the next annual stockholders’ meeting, contingent on continued board service.
• Post-transaction holdings: Ms. Martin now directly owns 76,631 Class A shares.
• Share count adjustment: All share amounts reflect Luminar’s 1-for-15 reverse stock split effective 11/20/2024.

The filing records routine director compensation rather than an open-market trade, resulting in a modest increase in insider ownership without immediate cash impact or dilution beyond the previously announced split.

Positive

• Director received 61,576 RSUs, bringing direct ownership to 76,631 shares, which modestly aligns board interests with shareholders.

Negative

• None.

Insights

Senior Securities Analyst

TL;DR Small RSU grant to director; neutral impact, signals continued board alignment but no market-moving data.

Perspective: Equity awards to directors are standard and typically immaterial to valuation. The 61,576-share RSU (post-split basis) raises Ms. Martin’s direct stake to 76,631 shares, a modest holding relative to Luminar’s outstanding share count. Because no shares were sold and the award vests over a year, immediate supply pressure is nil. Investors may view the grant as routine governance practice rather than a bullish insider buy. Overall market impact is minimal.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MARTIN KATHERINE A

(Last) (First) (Middle)

C/O LUMINAR TECHNOLOGIES, INC.

2603 DISCOVERY DRIVE, SUITE 100

(Street)

ORLANDO FL 32826

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Luminar Technologies, Inc./DE [ LAZR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/03/2025		A		61,576(1)	A	$0	76,631(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

2. Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

	/s/ Thomas J. Fennimore, as Attorney-in-Fact for Katharine A. Martin	07/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Luminar (LAZR) shares did Director Katharine A. Martin receive?

She was granted 61,576 Class A common shares as an RSU award.

What is the vesting schedule for the new RSUs?

The award vests in full on the earlier of July 3, 2026 or the next annual stockholders’ meeting.

What is Ms. Martin’s total direct ownership after the transaction?

She now directly owns 76,631 Class A shares of Luminar Technologies.

Did the director buy or sell Luminar shares on the open market?

No. The filing reflects a grant (Transaction Code “A”); no open-market purchase or sale occurred.

Why are share numbers different from prior filings?

Amounts were adjusted for Luminar’s 1-for-15 reverse stock split completed on 11/20/2024.