Lumentum officer granted 5,006 RSUs
Chang Eric reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Chang Eric reported acquisition or exercise transactions in this Form 4 filing.
Lumentum Holdings Inc. reported that officer Eric Chang received a grant of 5,006 restricted stock units (RSUs) of common stock. The award carries no cash purchase price, reflecting equity-based compensation rather than an open-market buy.
Each RSU represents a right to receive one share of common stock after vesting. One quarter of the award will vest one year from the grant date, and the remaining RSUs will vest in 12 equal quarterly installments on the 15th of May, August, November, and February, as long as Chang remains an employee or as otherwise provided under Lumentum’s 2025 Equity Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,006 | $0.00 | $0.00 |
Footnotes (1)
- F1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, following vesting, one share of the Issuer's Common Stock. 1/4 of the shares shall vest one year from the grant date, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter on the 15th of May, August, November and February, subject to the Reporting Person continuing to be an employee through each such date, or as provided under the Issuer's 2025 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.