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

Rhea-AI Filing Summary

SEC Form 4 filing for Luminar Technologies (LAZR) details insider activity by director Alec E. Gores and AEG Holdings LLC on 07/03/2025.

• Shares acquired: 61,576 Class A common shares issued as a time-based restricted stock unit (RSU) award. Acquisition price recorded as $0.
• Vesting terms: RSUs vest in full on the earlier of 07/03/2026 or the next annual shareholder meeting, contingent on continued board service.
• Post-transaction holdings: 75,187 shares held directly plus 335,794 shares held indirectly through AEG Holdings, Pacific Credit Corp. and two family trusts, for a total of 410,981 shares.
• Reverse split adjustment: All share amounts reflect Luminar’s 1-for-15 reverse stock split completed on 11/20/2024.
• Reporting parties: AEG Holdings LLC and Mr. Gores filed jointly; Mr. Gores may be deemed beneficial owner by virtue of control of the entities.
• No dispositions: The filing reports only an acquisition; no shares were sold.
• Signature date: 07/08/2025.

The transaction modestly increases insider ownership and signals continued equity-based alignment, but does not constitute a material change to Luminar’s overall share structure.

Insights

Financial Analyst

TL;DR: Routine RSU grant; minor insider ownership increase, neutral market impact.

The 61.6 k share RSU grant to director Alec Gores is standard board compensation. Post-grant ownership is roughly 411 k shares, a very small fraction of Luminar’s outstanding float, so dilution is immaterial. No shares were sold, which removes immediate selling pressure, but the award vests within a year, meaning potential supply could reach the market in 2026. Overall, the filing signals continued director alignment yet is unlikely to move the stock.

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

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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^*

AEG Holdings, LLC

(Last) (First) (Middle)

9800 WILSHIRE BLVD.

(Street)

BEVERLY HILLS CA 90212

(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)

	Form filed by One Reporting Person
X	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	75,187(2)	D
Class A Common Stock								305,626(2)	I	See Footnote(3)(4)
Class A Common Stock								10,168(2)	I	See Footnote(4)(5)
Class A Common Stock								10,000(2)	I	See Footnote(4)(6)
Class A Common Stock								10,000(2)	I	See Footnote(4)(7)

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

1. Name and Address of Reporting Person^*

AEG Holdings, LLC

(Last) (First) (Middle)

9800 WILSHIRE BLVD.

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Gores Alec E

(Last) (First) (Middle)

C/O LUMINAR TECHNOLOGIES, INC.

2603 DISCOVERY DRIVE, SUITE 100

(Street)

ORLANDO FL 32826

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

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.

3. Held of record by AEG Holdings, LLC ("AEG" and, together with Alec Gores, the "Reporting Persons"). Mr. Gores is the managing member of AEG. As such, Mr. Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG.

4. Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

5. Held of record by Pacific Credit Corp. ("PCC"). Mr. Gores is a member of and has dispositive powers for PCC. As such, Mr. Gores may be deemed to have beneficial ownership of the securities beneficially owned by PCC.

6. The securities are held of record by the NBI Irrevocable Trust No. 5, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household.

7. The securities are held of record by the NBI Irrevocable Trust No. 6, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household.

	AEG HOLDINGS, LLC, By: /s/ Alec Gores, Chairman	07/08/2025
	/s/ ALEC GORES	07/08/2025
	** Signature of Reporting Person	Date
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