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LITE Form 4: CFO RSU Tax Withholding and 10b5-1 Sale in August 2025

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lumentum Holdings Inc. (LITE) insider transactions: The company's EVP & Chief Financial Officer, Wajid Ali, reported two transactions in August 2025. On 08/15/2025, 2,294 shares were withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units at a price of $115.86, reducing his direct holdings to 47,692 shares. On 08/18/2025, 2,222 shares were sold at $116.45 under a Rule 10b5-1 trading plan adopted on August 30, 2024, leaving 45,470 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Positive

  • Sale executed under a Rule 10b5-1 trading plan, indicating the transaction was pre-planned and reduces insider trading concern
  • Tax withholding on RSU vesting shows compensation was settled through issuer withholding rather than additional cash transactions

Negative

  • Insider sale of 2,222 shares may be perceived negatively by some investors despite being pre-planned

Insights

TL;DR: Insider tax withholding and a planned sale under a 10b5-1 plan; routine, not clearly material.

The filing shows two non-derivative adjustments to the CFO's holdings: a withholding of vested RSUs to cover taxes and a small open-market sale executed under a previously adopted Rule 10b5-1 plan. Both actions are standard compensation-related and pre-planned trading activity rather than ad hoc disposals. The sizes—2,294 and 2,222 shares at roughly $116 each—represent modest cash amounts relative to typical market-capitalization for an issuer-sized company and are unlikely by themselves to materially affect the company's capital structure or signal a change in corporate outlook.

TL;DR: Compliance with disclosure and trading-plan rules is evident; transaction timing aligns with routine compliance.

The report documents tax withholding on RSU vesting and a sale pursuant to a documented 10b5-1 plan, which supports an affirmative defense against insider trading claims. The Form 4 includes required details: transaction codes, prices, post-transaction holdings, and an attorney-in-fact signature. From a governance perspective, the filing reflects adherence to standard insider-reporting protocols and pre-established trading controls.

Insider Ali Wajid
Role EVP & CHIEF FINANCIAL OFFICER
Sold 2,222 shs ($259K)
Type Security Shares Price Value
Sale Common Stock 2,222 $116.45 $259K
Tax Withholding Common Stock 2,294 $115.86 $266K
Holdings After Transaction: Common Stock — 45,470 shares (Direct)
Footnotes (1)
  1. Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of restricted stock units. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2024.
Form 4 Insider Transactions: What Each Field Means →
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
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
 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*
Ali Wajid
(Last) (First) (Middle)
C/O LUMENTUM HOLDINGS INC.
1001 RIDDER PARK DRIVE
(Street)
SAN JOSE CA 95131
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lumentum Holdings Inc. [ LITE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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
Common Stock 08/15/2025 F(1) 2,294 D $115.86 47,692 D
Common Stock 08/18/2025 S(2) 2,222 D $116.45 45,470 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 that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of restricted stock units.
2. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2024.
/s/ Jae Kim as Attorney-in-Fact 08/19/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did the LITE Form 4 filed for Wajid Ali report?

It reported 2,294 shares withheld for RSU tax obligations on 08/15/2025 and a 2,222-share sale on 08/18/2025 under a Rule 10b5-1 plan.

Were the share sales pre-planned or ad hoc?

The 2,222-share sale on 08/18/2025 was executed pursuant to a Rule 10b5-1 trading plan adopted on August 30, 2024.

How many LITE shares does the reporting person own after these transactions?

Following the transactions, the reporting person beneficially owned 45,470 shares.

What prices were recorded for the transactions?

Withholding occurred at $115.86 per share on 08/15/2025 and the sale on 08/18/2025 was at $116.45 per share.

Who signed the Form 4?

The Form 4 was signed by Jae Kim as Attorney-in-Fact on 08/19/2025.