Lumentum Holdings (NASDAQ: LITE) grants 108 RSUs to director Trent
Rhea-AI Filing Summary
Thad Trent reported acquisition or exercise transactions in this Form 4 filing.
Lumentum Holdings Inc. granted director Thad Trent 108 restricted stock units (RSUs) on July 15, 2026. Each RSU represents the contingent right to receive one share of common stock after vesting. All RSUs vest on July 15, 2027, and his reported direct holdings after the grant are 1,313 shares.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thad Trent
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 108 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,313 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 108.0000 shares
Grant price per share: 0.0000
Direct holdings after grant: 1313.0000 shares
+2 more
5 metrics
RSUs granted
108.0000 shares
Restricted stock units granted to director Thad Trent on July 15, 2026
Grant price per share
0.0000
Stated price per share for the RSU award
Direct holdings after grant
1313.0000 shares
Total common stock reported as directly held following the transaction
Vesting date
July 15, 2027
Date on which 100% of the RSUs vest, subject to continued service
Portion vesting on vest date
100%
All granted RSUs vest on July 15, 2027 if service condition is met
Key Terms
restricted stock unit, contingent right, Equity Incentive Plan
3 terms
restricted stock unit financial
"Each share is represented by a restricted stock unit (RSU)."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each RSU represents the contingent right to receive, following vesting, one share"
Equity Incentive Plan financial
"as a Service Provider, as defined under the Issuer's 2025 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Lumentum (LITE) grant to director Thad Trent in this Form 4?
Lumentum granted 108 restricted stock units (RSUs) to director Thad Trent on July 15, 2026. Each RSU represents a contingent right to receive one share of Lumentum common stock after vesting.
When do Thad Trent's Lumentum (LITE) RSUs vest and under what condition?
All of Thad Trent’s 108 RSUs vest on July 15, 2027, provided he continues as a Service Provider under Lumentum’s 2025 Equity Incentive Plan through that date, consistent with the company’s compensation terms.
Was cash paid for Thad Trent's Lumentum (LITE) RSU grant?
No cash was paid; the RSUs have a stated price of $0.0000 per share and were granted in lieu of the annual cash retainer, at Thad Trent’s election under Lumentum’s non-employee director compensation program.
Under which plan were Thad Trent's Lumentum (LITE) RSUs granted?
The 108 RSUs were granted under Lumentum’s 2025 Equity Incentive Plan as part of the compensation program for non-employee directors, replacing the annual cash retainer at the reporting person’s election.